Everest Kanto to invest $50 mn for expansion
Everest Kanto Cylinder today said it will invest $50 million for implementing its expansion and modernisation schemes.
By PTI |
MUMBAI: Everest Kanto Cylinder today said it will invest $50 million for implementing its expansion and modernisation schemes.
The company is planning a new unit for manufacturing CNG cylinders in a Special Economic Zone (SEZ), the manufacturers of high pressure gas cylinder informed the Bombay Stock Exchange.
Further the company said it is planning an expansion in Gandhidham for manufacturing industrial cylinders and large-size jumbo cylinders for which the funds would be utilised besides modernisation and debottlenecking of facilities in Tarapur plant.
The company is planning a new unit for manufacturing CNG cylinders in a Special Economic Zone (SEZ), the manufacturers of high pressure gas cylinder informed the Bombay Stock Exchange.
Further the company said it is planning an expansion in Gandhidham for manufacturing industrial cylinders and large-size jumbo cylinders for which the funds would be utilised besides modernisation and debottlenecking of facilities in Tarapur plant.
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