Uno Minda to Set Up Rs 2 Bn Alloy Wheel Plant in Haryana
Auto components manufacturer Uno Minda announced on Thursday that its board has approved the establishment of a new manufacturing facility for two-wheeler alloy wheels in Bawal, Haryana, with an estimated investment of Rs 2 billion.The proposed plant will have an installed capacity of 1.5 million alloy wheels per annum. This expansion is aimed at fulfilling recently secured orders and meeting growing market demand, the company stated in a regulatory filing.In addition, Uno Minda has commenced commercial production of a further two million alloy wheels at its Supa facility in Maharashtra. With ..
Uno Minda to Set Up Rs 2 Bn Alloy Wheel Plant in Haryana
Auto components manufacturer Uno Minda announced on Thursday that its board has approved the establishment of a new manufacturing facility for two-wheeler alloy wheels in Bawal, Haryana, with an estimated investment of Rs 2 billion.The proposed plant will have an installed capacity of 1.5 million alloy wheels per annum. This expansion is aimed at fulfilling recently secured orders and meeting growing market demand, the company stated in a regulatory filing.In addition, Uno Minda has commenced commercial production of a further two million alloy wheels at its Supa facility in Maharashtra. With ..
Melstarr to Launch Rs 3 Bn Aviation Training Hub in Karnataka
Melstarr Aviations Tech, a wholly owned subsidiary of Melstarr Information Technologies, has announced its entry into the aviation training sector with plans to establish a modern Flight Training Organisation (FTO) in Karnataka.The company has committed an initial investment of Rs 3 billion, making it one of the largest private sector ventures in India’s pilot training industry. According to Tarun Kashyap, Chief Operating Officer of MATPL, the first phase will see Rs 1 billion invested, with the remainder to be scaled up over the next three years.The Karnataka-based FTO will offer training o..
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