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Corporate News
17-Dec-09
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GS Auto International lays foundation stone for its new manufacturing unit
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At Jamshedpur
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GS Auto International has announced that the company has laid down the foundation stone for its new manufacturing unit at Jamshedpur, for the manufacturing of auto components for the commercial vehicles, as well as, for passenger vehicle purposes for an estimated cost of Rs 30 crore to enhance the capacity of its casting components as well as for diversification through auto components of passenger vehicle segment. The company intends to double its existing casting components capacity, by the setting of this new unit, at Jamshedpur. The company is hopeful to start its commercial production of the new unit at Jamshedpur, by December 2010.
The company made this announcement on 17 December 2009.
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