Meet five young women engineers from Alstom who are not only breaking stereotypes by working on the company’s shop floors across India, but are handling big projects as well.
Sundram Fasteners banks on Sri City unit to fuel exports by Shahkar Abidi 01 Jun 2021
Chennai-headquartered Sundram Fasteners is betting big on its Sri City unit to give a fillip to its exports business.
The company had already announced setting up this Rs 100 crore SEZ (special economic zone) unit to manufacture and export high precision engineering components. These will be shipped out to a leading European power train maker for onward supply to global marquee OEM customers for existing and new programmes.
The Sri City facility will provide a further impetus to Sundram Fasteners’ export thrust by way of new products and overseas customers, the management had said. An analysis by HDFC Securities shows that the new plant is likely to scale up over FY23 and can contribute an additional 6-8 percent to revenues. The company’s standalone export sales of Rs 337 crore last fiscal
Pricol plans new capacities in NCR, Satara and Sri City by Murali Gopalan 25 May 2021
Vikram Mohan, Managing Director of Pricol, is confident that the company will maintain its growth momentum this fiscal.
Businesses are in place along with two new plants in north and south India that will be set up to cater to growing demand and newer products. “I was worried last March and April with Covid but the lockdown ended. The two plants are operating at full capacity and doing well with a surge in revenue,” says Mohan.
The Coimbatore-headquartered Pricol has optimised most of its existing facilities in the recent round of expansion but can still “squeeze out” Rs 400 crore from the Rs 2,500 crore capacity right now with a little bit of capex. For the next round of expansion, it is looking for a new generation of products to cater to electric in the 2-wheeler space.
Andhra Pradesh unveils new medical oxygen policy
Updated:
Updated:
May 19, 2021 08:34 IST
Aim is to increase capacity from 360 MTs to 700 MTs by setting up 50 PSA plants
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Entrepreneurs setting up new plants are offered up to 30% subsidy on capital expenditure and ₹2 per unit discount on power tariff.
Aim is to increase capacity from 360 MTs to 700 MTs by setting up 50 PSA plants
To meet the rising demand for medical oxygen due to COVID in the State, Chief Minister Y.S. Jagan Mohan Reddy on Tuesday unveiled the “AP Industrial Gases and Medical Oxygen Manufacturing Policy 2021-22”, aimed at increasing the current manufacturing capacity of 360 metric tonnes to 700 metric tonnes. The target is to set up at least 50 PSA oxygen generation plants.