Monday, Dec 4 2023 | Time 00:10 Hrs(IST)
Business Economy

Malabar Group to invest Rs 125 Cr in furniture manufacturing plant in Telangana

Hyderabad, Sept 5 (UNI) Malabar Group, which has already started its operations in Telangana, has come forward to invest in a furniture manufacturing plant in Telangana.
The proposed plant would come up with an investment of Rs. 125 crores, State Industries department said in a release said here on Tuesday
This was announced by the group's chairman MP Ahammed after a virtual meeting with Telangana Industries Minister KT Rama Rao in Dubai.
Speaking on the occasion, Ahammed said that with the cooperation from the Telangana government, the construction works of their gold refinery and processing plant in Telangana is happening at a brisk pace
On the occasion, he announced that the group will be investing in a new furniture manufacturing plant in the state.
The minister thanked the Malabar Group for investing and expanding in Telangana.
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