Malabar Gold and Diamonds is setting up a gold and diamond jewellery manufacturing unit along with a refinery in Maheshwaram Industrial park in Telangana. The company is likely to invest around ₹750 crore. The state government will assistance in acquiring the required 3.75 acres of land. It will also be offered standard incentives as per the industrial policy.
The new plant will go operational by the end of 2023.
|Project Location||Maheshwaram Industrial Park, Shamshabad,Telangana|
|Project Cost (in million)||₹7,500|