From Our Special Correspondent
Daijiworld Media Network
Bengaluru, Jun 29: SFS, a mobile components manufacturer, is keen on setting up a unit in Belagavi with an investment of Rs 250 crore. The company has sought the government's assistance in providing 30 acres of land for this purpose.
Minister for Large and Medium Industries, M B Patil, stated that the SFS delegates, led by Faras Shaw, CFO of the company, recently met him to discuss their proposed project. Welcoming the proposal, the Minister mentioned that a decision would be made after reviewing the details of the project.
SFS has already established an operational aerospace components unit in Belagavi. The company, known for manufacturing mobile components for companies like Apple, now expresses interest in setting up another unit in Belagavi. According to the Minister, this venture is expected to create 500 direct jobs for technologists within the next three years.
SFS Director Prashant Kore and Industries Department Commissioner Gunjan Krishna were also present during the meeting.