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Minister for large and medium industries M B Patil said in a statement that on Wednesday SFS delegates led by CFO of the company Faras Shaw met him to exchange ideas regarding its proposed project.
Welcoming the proposal, the minister told them that the decision will be taken after reviewing the proposal, the statement read.
“SFS has already set up an aerospace components unit in Belagavi and is operational. The company, which is also a manufacturer of mobile components for companies such as Apple, is interested in setting up its unit in Belagavi. This is estimated to generate 500 direct jobs for technologists in the next three years,” according to the statement.