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Carborundium Universal proposes to put up a green field plant for manufacturing coated abrasives at Sriperumbudur in Tamil Nadu at an investment of Rs 46 crores , sources said recently. This 46 crore investment is a part of the 78-crore capacity expansion programme for the year. The remaining 32 crore will go for expanding the companys bonded abrasives unit in Hosur. To co-ordinate business with china the company has set up a representative office in Beijing. The company has decided to start manufacturing operations in china where the chinese project would be implemented in 2 phases, the first of which would be completed by the end of the year. |
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| Posted : 9/30/2005 |
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