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Holtec is set to establish a manufacturing facility in Gujarat for its 300 MWe small modular reactors (SMRs) and will engage with India's Atomic Energy Regulatory Board for design approval. The plant will produce dual-purpose equipment for nuclear and commercial power plants and marks Holtec's second unit in India. The company aims to collaborate with Indian firms to adapt SMR designs locally and address the country's energy security needs while ensuring safety and cost competitiveness.