NMDC unveils new state of the art R&D facility in Hyderabad
A press release from the iron ore miner said it has made strategic investments of over Rs 150 crore for research and development in the past five years and Rs 50 crore towards building the new R&D centre.
NMDC Ltd on Tuesday unveiled its new State-of-the-Art Research and Development centre in Patancheru near here aiming at advancing innovation in mineral processing and sustainable steel technology.
A press release from the iron ore miner said it has made strategic investments of over Rs 150 crore for research and development in the past five years and Rs 50 crore towards building the new R&D centre.
Spanning across eight acres in Patancheru, the leading-edge facility was inaugurated by Amitava Mukherjee, CMD (Additional Charge) of NMDC in the presence of other directors and senior officials.
The R&D centre houses cutting-edge laboratories that foster innovation in sustainable mineral technology and ore beneficiation, manned by a team of experts, it said.
Amitava Mukherjee said, "Embracing our responsibility to innovate and lead the Indian mining industry towards a sustainable future through research and development, we open the doors to NMDC's new state-of-the-art R&D centre. As we stride forward to innovate and inspire, we are not just investing in research here, we are investing in India's Future."
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.