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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 Technologies Limited