11
Apr
15:55
Goodluck India to increase tube capacity
Goodluck India plans to install a 72,000 tonnes/year capacity precision tube plant at its Sikra site in Gujarat. The investment of INR 74 crore ($11.45 million) will be funded by debt and internal resources. Commissioning is scheduled by April 2018.
The location of the plant is in close proximity to Kandla and Mundra seaports. “It will reduce freight cost for export to a significant extent and will give an edge over the competitors,” Goodluck says in…
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