Connect with us

Company News

Mobile parts maker SFS seeks 30 acre land in Belagavi to set up Rs 250 crore unit

Mobile components manufacturer SFS, which is interested in setting up a unit by investing Rs 250 crore, has sought 30 acres of land in Belagavi from the state government.

Minister for large and medium industries M B Patil said in a statement that on Wednesday SFS delegates led by CFO of the company Faras Shaw met him to exchange ideas regarding its proposed project.

Welcoming the proposal, the minister told them that the decision will be taken after reviewing the proposal, the statement read.

“SFS has already set up an aerospace components unit in Belagavi and is operational. The company, which is also a manufacturer of mobile components for companies such as Apple, is interested in setting up its unit in Belagavi. This is estimated to generate 500 direct jobs for technologists in the next three years,” according to the statement. PTI

Click to comment

You must be logged in to post a comment Login

Leave a Reply

Copyright © 2024 Communications Today

error: Content is protected !!