Three new units of L & T inaugurated
The facilities are engineering centre for electrical systems,a precision machining centre and a manufacturing unit for petroleum dispensing pumps.
By PTI |
COIMBATORE: L & T on Wednesday inaugurated three new facilities at its growth centre on Coimbatore campus.
The facilities are engineering centre for electrical systems,a precision machining centre and a manufacturing unit for petroleum dispensing pumps.
Inaugurating the facilities, A M Naik, Company's Chairman and Managing Director, said L & T had been creating growth centres at select locations and zeroed in on Coimbatore two years back.
The addition of new facilities was in line with the required expansion to meet future market needs and "we would have more facilities coming up on this campus to give the comforts of scale and earn logistic benefits," he said.
R N Mukhija, president-operations and company Board member, said precision machining centre and the engineering centre for electrical systems were critical to the growth of the company's business.
As there was big growth in fuel and gas industry, the dispensers manufacturing unit would cater to the oil and gas retail segment in India as well as Africa, Europe and South East Asia, Mukhija said.
The facilities are engineering centre for electrical systems,a precision machining centre and a manufacturing unit for petroleum dispensing pumps.
Inaugurating the facilities, A M Naik, Company's Chairman and Managing Director, said L & T had been creating growth centres at select locations and zeroed in on Coimbatore two years back.
The addition of new facilities was in line with the required expansion to meet future market needs and "we would have more facilities coming up on this campus to give the comforts of scale and earn logistic benefits," he said.
R N Mukhija, president-operations and company Board member, said precision machining centre and the engineering centre for electrical systems were critical to the growth of the company's business.
As there was big growth in fuel and gas industry, the dispensers manufacturing unit would cater to the oil and gas retail segment in India as well as Africa, Europe and South East Asia, Mukhija said.
ADVERTISEMENT
The company would also manufacture Auto LPG pumps here, which would be another first to its credit in India, Mukhija said.Start a SIP with as low as ₹500 with ET Money App!
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
ADVERTISEMENT
