SBI approves Rs 110 crore loan to AMSL for new project in Telangana

Infrastructure solutions provider AMSL has received a Rs 110 crore loan from the State Bank of India (SBI) for its Hyderabad project. The funding is for the establishment of the Integrated Plant for Ingenious Defence Systems (IPiDS) in Hyderabad. AMSL plans to set up a facility in Telangana at a cost of Rs 210 crore for defence product manufacturing.
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