CapEx News
Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers
Zen Technologies, govt of Goa ink MoU for establishment of R&D facility in state
Research and Development - Nov 27,2023 -A memorandum of understanding (MoU) was signed by Zen Technologies Limited, a company that makes weapon simulators and allied defense equipment, and the government of Goa, to establish a new research and development facility in the state.
The new facility, to be establish at the Electronic Manufacturing Cluster (EMC) Tuem, Goa is expected to create employment opportunities for 800 individuals.
The company said that this new facility will help it in its manufacturing capabilities, particularly in cutting-edge simulators and drone-related technologies.
In a press release, the company stated: "The new facility will serve as an anchor unit for the EMC, with plans to develop and source sub-assemblies from Goan micro, small and medium Enterprises (MSMEs). This symbiotic relationship is expected to boost the local economy and contribute to the overall development of the region."
Company : Zen TechnologiesRecent News
◉ SWELECT Energy secures over 150 MW of solar module - Mar 13,2025◉ RVNL emerges as lowest bidder for Rs 554.64 crore road contract - Mar 13,2025
◉ MoU inked for developing Multi-Modal Logistics Park in Varanasi - Mar 13,2025
◉ Danfoss India to invest Rs 1,200 crore by 2028 - Mar 13,2025
◉ SJVN to develop Rs 9,500 crore pumped storage project - Mar 13,2025
◉ JNPA signs concession agreement for Rs 285-crore agri-processing facility - Mar 13,2025
◉ Montra Electric opens e-SCV manufacturing plant in Chennai - Mar 13,2025