Azad Engineering laid the foundationstone for an exclusive manufacturing plant for Mitsubishi
Heavy Industries of Japan at Tunikibollaram close to Medchal (MHI).
According to Rakesh Chopdar, Managing Director of Azad Engineering, the company is investing
about $ 20 million (about Rs 165 crore). The new building will have 11,800 square metres.
Azad and Mitsubishi’s journey started about a decade ago with a few machines and progressed
to an exclusive bay in their current manufacturing unit. It has now entered a new dimension with
the forthcoming manufacturing facility being set up exclusively for MHI. The unit will be operational by mid-2024. It will be part of Azad Engineering’s upcoming Centre for Excellence and Innovation Centre and will employ about
300 people.
