Gainwell, the Kolkata-headquartered capital goods manufacturer with presence in the mining, construction, energy, defence, railways, and heavy equipment sectors, plans to invest Rs 1,000 crore over the next three years with an aim to become a $1-billion company by 2028, a senior company executive said.
Gainwell s Pune plant with phase-wise investment of Rs 135 crore will begin component manufacturing for Etnyre s global requirement from middle of next year. According to Gainwell Group Chairman Sunil Chaturvedi, this strategic partnership is a game-changer for the make in India initiative.
Gainwell Engineering partners with World Coal Association to promote sustainable coal mining in India constructionweekonline.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from constructionweekonline.in Daily Mail and Mail on Sunday newspapers.
Gainwell Engineering, the manufacturing venture of Gainwell Commosales Private Limited (formerly Tractors India Private Limited), has partnered with World Coal Association to promote sustainable coal mining in India. With this Gainwell becomes only the second organisation in India to have partnered with World Coal Association.
The country must continue to dedicatedly work towards ramping up domestic coal production to stabilise its energy security, says Gainwell Engineering chairman.