SFO Tech mulling Rs 2,270 crore electronic components plant in Tamil Nadu

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SFO Technologies is looking to set up a plant with Rs 2,270 crore investment in Tamil Nadu’s Theni district for manufacturing printed circuit boards (PCBs) and other components for the electronics industry, a senior executive at the Kochi-based company said.

The electronics manufacturing services firm, the flagship company of the NeST Group, is expected to sign a memorandum of understanding on the project with the Tamil Nadu government at the TN Rising Conclave in Madurai on Sunday, said the executive, asking not to be named.

PCBs are used in nearly…



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SFO Tech mulling Rs 2,270 crore electronic components plant in Tamil Nadu



SFO Technologies is looking to set up a plant with Rs 2,270 crore investment in Tamil Nadu’s Theni district for manufacturing printed circuit boards (PCBs) and other components for the electronics industry, a senior executive at the Kochi-based company said.

The electronics manufacturing services firm, the flagship company of the NeST Group, is expected to sign a memorandum of understanding on the project with the Tamil Nadu government at the TN Rising Conclave in Madurai on Sunday, said the executive, asking not to be named.

PCBs are used in nearly…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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