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Mahindra Ugine to spend Rs366.5 mln on new plant

Wednesday 1st Jun 2011 1339

Mumbai : Mahindra Ugine Steel Company Ltd said on Friday its board approved investing Rs 366.5 million to set up a stamping unit at Pantnagar in Uttarakhand.

The unit would meet the demand for stamping components from major Indian auto firms, it said.

For details, view the entire article by subscribing to Indian Construction industry News at http://www.indianconstructionindustry.com/construction_news/construction_news.php,(or) browse other breaking industrial news stories at www.indianconstructionindustry.com.

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