![]() Financial Daily from THE HINDU group of publications Thursday, May 12, 2005 |
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Corporate
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Outlook Sujana Metal to expand capacity Our Bureau
The move is a sequel to the existing facilities being exploited to more than their rated capacities and the huge order backlog, the company informed stock exchanges on Wednesday. The company said it plans to increase capacities in its existing facilities by installing additional manufacturing equipment and is exploring the idea of setting up a shore-based greenfield facility in Chennai to cater to the export markets in Sri Lanka and West Asia. At present, the major customers of the company include Reliance Infocomm and Ortel Networks for end use by BSNL, Deepak Cables for end use by Power Grid Corporation and Karnataka State Power Transmission Corporation, the company said.
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