Friday, 9 December 2011

Mahindra Conveyor Systems opens new facility (JV of Mahindra with Tsubakimoto Bulk Systems Corp., Japan)

Mahindra’s in Joint Venture with Japan’s Tsubakimoto Bulk Systems Corp. Have now decided to open another manufacturing facility at Ambadwet near Pune. The initial investment for the plant is said to be apprx. INR 25 Crore.

The JV will cater to automotive, auto ancillary and cement industry to manufacture conveyer systems and components. The plant will also have a waste and effluent treatment plant to treat and recycle waste generated during the manufacturing process.


Post a Comment

Twitter Delicious Facebook Digg Stumbleupon Favorites More