Global safety equipment maker NAFFCO to invest Rs.700 crores in Telangana
The NAFFCO Group, headquartered in dubai and the largest manufacturer and provider of life safety products worldwide, would spend Rs. 700 crore in telangana to build a manufacturing facility. In addition to this, the business will collaborate with the National Academy of Construction in hyderabad to open a fire Safety Training Academy.
On Tuesday, KT Rama Rao, the minister of industries, posted the following information on social media: "Kicking off our dubai tour with fantastic news. A state-of-the-art manufacturing facility will be built in telangana thanks to an investment of Rs. 700 crore by NAFFCO, a global leader in fire safety equipment with operations in more than 100 countries. The minister posted on X (formerly Twitter) that "in addition, they will also collaborate with the National Academy of Construction, hyderabad to establish a fire Safety Training Academy."
According to insiders in the industry, the partnership with the National school of Construction to construct a fire safety training school in hyderabad is also a significant step for telangana and the nation as a whole. In the gulf nations, where construction, oil, and gas operations are vital, safety is a major concern. They claimed that several young people from telangana are drawn to the field here by the work prospects with high remuneration.