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OCTL to relocate plant
Contact: Oil Country Tubular.
Tel: 040-2478 5555.
Fax: 040-2475 9299.
E-mail: octl@octlindia.com
Oil and gas drilling pipes manufacturer Oil Country Tubular Ltd (OCTL) has decided to shift its manufacturing facility from Telangana to Andhra Pradesh, citing undue pressure from the trade union affiliated with the ruling Telangana Rashtra Samithi. The management of India´s lone manufacturer of a wide range of products for oil and gas drilling operations has cited frequent disruptions to operations and damages to critical equipment as the reason for its drastic step of relocating the entire integrated manufacturing facility. The move could prove a major embarrassment to the Telangana Government, which is already reeling under severe power deficit and offering power holidays to industrial consumers in a bid to get them to reconsider expansion plans in India´s newest state. Contact: Oil Country Tubular. Tel: 040-2478 5555. Fax: 040-2475 9299. E-mail: octl@octlindia.com