Business Daily from THE HINDU group of publications
Tuesday, Dec 16, 2008
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Tuesday, Dec 16, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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Corporate
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New Projects States - Tamil Nadu High Energy Batteries diversifying Our Bureau Chennai, Dec.15 High Energy Batteries, the Esvin Group company, is diversifying into the manufacture of lead-acid batteries for the automotive industry and VRLA batteries for UPS systems. According to company officials, HEB is setting up a Rs 20-crore manufacturing facility near Tiruchi, close to its existing facility at Mathur. HEB now manufactures specialised batteries for defence and space applications. Its customers include the Airforce, Navy and the Indian Space Research Organisation. It will now start manufacturing batteries for four-wheelers and for use in inverters. Officials said hopes to widen its customer base with the entry into the civilian market. The new facility will have a capacity to manufacture over two lakh units a year and is expected to start production by March 2009. More Stories on : New Projects | Automobile Components | Tamil Nadu
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