PSR Tech Hub is proud to announce a strategic partnership with the US-based company Microlink Networks. This collaboration aims to establish a state-of-the-art plant in Telangana, India, with a substantial investment of ₹500 crore.
Microlink Networks, headquartered in Houston, has a global presence with manufacturing facilities in the USA, UAE, Spain, and Vietnam. The new manufacturing unit in Telangana is expected to create employment opportunities for 700 individuals over the next three years. This initiative aligns with the ‘Make in India’ campaign, reinforcing our commitment to innovation and growth in the technology sector.
PSR Tech Hub’s Chairman and Managing Director, Sri Pulluri Ranga Rao, expressed enthusiasm about this partnership, highlighting the potential for significant advancements in technology and infrastructure.
A Major Milestone in Technological Advancement
This new venture marks a significant milestone for PSR Tech Hub as it aligns with our vision to foster technological innovation and growth in the region. The proposed plant will be equipped with cutting-edge technology and infrastructure, bolstering the IT ecosystem and creating numerous employment opportunities in Telangana.
Strengthening the Local Economy
The investment of ₹500 crore underscores the confidence and commitment of Microlink Networks in the Indian market, particularly in Telangana. This initiative is expected to boost the local economy, attract further investments, and position Telangana as a leading hub for technology and innovation.
About the Partnership
The collaboration between PSR Tech Hub and Microlink Networks leverages the strengths and expertise of both companies. PSR Tech Hub’s extensive local knowledge and robust infrastructure, combined with Microlink Networks’ advanced technological capabilities, will ensure the successful implementation and operation of the new plant.
Future Prospects
As we embark on this exciting journey, PSR Tech Hub remains dedicated to driving technological progress and contributing to the socio-economic development of the region. We look forward to a fruitful partnership with Microlink Networks and are confident that this venture will pave the way for many more groundbreaking projects in the future.
Stay tuned for more updates on this transformative project and our continued efforts to innovate and excel in the IT industry.
Reference News Articles:
- https://www.deccanchronicle.com/southern-states/psr-it-microlink-networks-login-with-rs500-crore-intelangana-1809790
- https://www.thehindu.com/news/cities/Hyderabad/us-firm-microlink-networks-partner-psr-it-servicesmoots-500-cr-plant-in-telangana/article68393926.ece
- https://www.hyderabadstories.com/news/us-based-microlink-networks-to-establish-a-unit-in-telanganawith-a-%e2%82%b9500-crore-investment/