A delegation of Mulk Holdings, led by its international Chairman Nawab Shaji ul Mulk, met Chief Minister Y.S. Jagan Mohan Reddy on Tuesday, and discussed the company’s business plan in Andhra Pradesh.
Mulk Holdings has come forward to set up a manufacturing hub at a cost of ₹1,500 crore, providing employment opportunities to 1,000 people directly and another 2,000 indirectly, at the Kopparthi EMC in Kadapa district.
The company will set up units for manufacturing of aluminium coils, high-performance paints used for coil coating, aluminium coil coating production lines, film manufacturing unit, mineral cores production lines, aluminium composition panels and metal composite materials production lines.
It had recently signed an MoU with the Andhra Pradesh Government.
Mulk Holdings headquarters is in the UAE and it has presence in Europe, the U.S., Africa, India and the Middle East Countries. It has production base in India, the UAE, Serbia, Turkey and Omen.
Mulk Holdings Vice-Chairman Adnan ul Mulk, Special Representative to the Government of Andhra Pradesh, Middle & Far East, Zulfi Ravdjee, Industries Special Chief Secretary Karikal Valaven, APIIC Managing Director and Vice-Chairman Subramanyam were present.