MIDHANI signs MoU with TUBACEX
Deepthi | Myequity news | Date : 17-01-2019 13:50:00 IST
Mishra Dhatu Nigam Limited (MIDHANI), a Government of India enterprise, Hyderabad is specialized in manufacture of Special metals and alloys and TUBACEX, a multinational group with its headquarters in Alava, Spain and a global leader in the manufacture of stainless steel and high-alloyed tubular products signed a memorandum of understanding (MoU) here today to pursue a collaborative business model with the intention to develop and analyse potential joint business developments both for India and for other regions, based on their complementary manufacturing technologies for Power Generation and Oil & Gas applications .
This agreement would allow the joint development of advanced materials for the energy sector, contemplating technological alliances and the promotion of local manufacturing capacities. About MIDHANI:
Mishra Dhatu Nigam Limited (MIDHANI), a specialized metals and metal alloys manufacturing facility in India, located in Hyderabad, Telangana. It is a PSU, under the administrative control of Department of Defence Production, Ministry of Defence, Government of India. MIDHANI is an ISO 9001:2015 & AS 9100:2016 Certified company with modern metallurgical facilities and technical competence. MIDHANI is the only producer of Titanium in India.