Business Daily from THE HINDU group of publications Friday, Feb 16, 2007 ePaper |
|
|
|
|
|
|
|
Marketing
-
New Products & Services States - Maharashtra Flat tyre? X-wheel to drivers' rescue Our Bureau
Mr Anant Limaye, Director, Angel Industries, told newspersons that the product can be used only if the rear wheel gets punctured; it must be attached to the rear wheel assembly of motorcycles. He also said that the X-wheel for front wheels is in the last stages of development. The product would be made available at Rs 375 per set and will prove a boon for motorcyclists driving long distances within the city and rural areas, he said. His company will produce about 5,000 sets per day at Waluj near Aurangabad for Bajaj and TVS motorcycles and another 5,000 sets at Chakan near Pune for Honda, Yamaha and Bullet motorcycles. Mr Limaye said the company has invested Rs 1.5 crore for the two facilities. The company plans to set up a third facility at Pantnagar in Uttaranchal by October 2007. The total investment for the three facilities would be Rs 6 crore, he said. Angel Industries currently manufactures ancillary parts for Piaggio Ape vehicles and acrylic glass for the automobile industry through its plants at Baramati, Pune and Aurangabad and has recorded turnover of Rs 10 crore during the last fiscal.
More Stories on : New Products & Services | IPR | Two/Three Wheelers | Maharashtra
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2007, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|