• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Kolkata, May 12

Phoenix Yule has commissioned a 15-metre-long steel cord belt press line at its Kalyani factory at an investment of Rs 28 crore. The project has been successfully completed within a period of eight months, according to a press release issued by the company here. The release states that, with the commissioning of the new facility, the company's steel cord production would be augmented by 150 per cent.

An increase in the demand for steel cord belts had necessitated the investment. The new press is expected to facilitate higher productivity on account of redeployment of manpower, multi-skilling of workers, outsourcing of non-core functions and optimisation of cycle time, according to the release.

More Stories on : Announcements | Steel | West Bengal

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

Stories in this Section
Surana Ind finalises contracts

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