30
Nov
11:06
RHI Magnesita eyes improved India supply chain
Austria-based refractories maker RHI Magnesita is planning to invest INR 400 crore ($53.26 million) to expand its Indian production capacity. The company also announced the operationalisation of its regional research & development centre in India, Kallanish notes.
Production capacity will be increased at plants in Bhiwadi (Rajasthan), Vizag (Andhra Pradesh) and Cuttack (Odisha). Investment will go towards brownfield expansion and automation of these facilities…
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