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Thursday, Dec 23, 2004

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Corporate - Announcements


Sujana Ind to hike capacity

Our Bureau

HYDERABAD: Sujana Industries Ltd has informed the stock exchanges that it proposes to increase the capacity in its bearing division following increased customer demand and better price realisation.

However, the company did not disclose the quantity of additional capacity and the investments required for taking up the expansion. The company said it proposes to achieve the increase in capacity through internal accruals. The company's bearing division is located in Medak district of Andhra Pradesh.

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