Business Daily from THE HINDU group of publications Saturday, Dec 15, 2007 ePaper | Mobile/PDA Version |
|
|
|
|
|
|
|
Corporate
-
New Projects Tudor India plans Rs 35-cr capacity expansion Our Bureau Ahmedabad, Dec. 14 Tudor India Ltd (TIL), makers of the Prestolite brand of lead-acid batteries for both automotive and inverter applications, today announced plans to invest Rs 35 crore for capacity expansion at its transportation manufacturing facility in Gandhinagar, Gujarat. The company is investing in equipment upgrades, line expansions, infrastructure and utilities to increase operational capacity from six lakh batteries to ten lakh per year, a company release said. TIL is the Indian arm of Chloride Motive Power Batteries, UK, a wholly owned subsidiary of Alpharetta-Georgia, the US-based global leader in stored electrical energy solutions. The capacity expansion plan, expected to be completed by June 2008, would allow for the production of innovative products in wet form for original equipment and aftermarket customers in the region. Mr Luke Lu, President, Asia Pacific for Alpharetta-Georgia, said the expansion is part of the company’s overall strategy that focuses on taking advantage of profitable growth opportunities, both in manufacturing and global sourcing, particularly in India and China. More Stories on : New Projects | Automobile Components
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
|