The Hindu Business Line : Suprajit to set up cable unit in Singur

Advertisement

Bangalore Feb. 19 Suprajit Engineering Ltd, which has won a contract for the supply of automotive cables for the proposed low-cost car of Tata group, plans to set up a manufacturing facility in Singur, West Bengal. The unit, which will have an initial investment of about Rs 8 crore, will come up in the auto-complex where a large number of vendors for the Rs one-lakh car are also expected to set up their units.

The company has been awarded a five-year supply order for cables by the Tata Motors. The value of the order is worth Rs 40 crore.

Mr K. Ajith Kumar Rai, Managing Director of Suprajit Engineering told Business Line that initially the supply would be sourced from Suprajit's existing units. A new facility would come up once the problems surrounding the Singur land allotment were resolved.

The land allotment by the West Bengal Government met with controversy following Trinamul Congress opposing the acquisition of agri land.

More Stories on : New Projects | Automobile Components

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Major fire at Cadila Pharma

L&T bags contract worth $250 m

Tata Tea to divest stake in northern operations

MTL may be merged with Falcon with retrospective effect

Vectra to buy out remaining 8% in Tatra

Suprajit to set up cable unit in Singur

Ceat plans to set up truck radial facility

Indian power cos flock to Africa, Middle East

DGH disallows ONGC's gas discovery in KG basin

Chetra Industrial plans joint ventures in India

Chevron chief visiting India

`Punish cos for Clause 49 non-compliance'

MHRA clears Strides plant

Public sector units revamp board may come under PMO

Hatsun Agro targets 4,000 `pure' dairy farms

Small car: Ford to leverage emerging markets resources