Corporate News 25-May-22
Board of Minda Industries approves capex of Rs 72.89 cr for expansion of unit's Chennai plant
At meeting held on 24 May 2022
The Board of Minda Industries at its meeting held on 24 May 2022 has approved proposal for expansion of the Chennai plant of subsidiary, Mindarika (engaged in the manufacturing of 4W switches). The total project cost approved is Rs 72.89 crore. The commercial production is expected to start from January 2023.
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