Kobelco to invest Rs 100 cr

Japan-based Kobelco plans to invest Rs 100 crore in the second phase of its investment programme, set to begin in 2012. The company has already begun work on its Rs 50 crore manufacturing unit in the Sri City industrial estate. Kobelco Construction Equipment India Pvt Ltd expects to produce its first excavator machine in January 2011 from this upcoming facility. Contact: Kobelco Construction Equipment India Pvt Ltd. Tel: 0120-407 9900. Fax: 0120-407 9999. E-mail: info@kobelconet.in Website: www.kobelconet.in