MMD (India) Private Ltd, a subsidiary of UK-based MMD Mining Machinery Developments Ltd, has laid the foundation stone for its upcoming production facility at Sri City SEZ near Nellore. MMD offers mining machinery like mineral sizers, heavy duty apron plate feeders, caterpillar chains and rollers, and sizer stations. It serves cement, coal, industrial minerals, energy/oil, recycling, tunnelling, and precious metals industries, etc.
MMD is investing about Rs 100 crore to manufacture mining machinery from its Sri City plant which is expected to be commissioned by October 2014. The plant may provide employment to about 200 people. MMD is the fifth major industry from the UK to select Sri City SEZ as its manufacturing base.