
New Launch12 Dec 2024, 09:39 pm
Garg Furnace Ltd. Pivots into Manufacturing of Self-Drilling Screws with 100 Metric Tons Initial Capacity
AI Summary
Garg Furnace Limited has announced its pivot into manufacturing of Self-Drilling Screws under its own brand name 'TAGIT', with an initial production capacity of 100 metric tons per month. The new division has been set up with the adoption of advanced machineries and technology imported from Taiwan. The trial production has been successfully completed and the Company has already started producing commercial quantities. The company has aggressive plans to ramp up the manufacturing capacity for Selt-Drilling Screws in future. This new initiative marks a significant step towards import substitution and aligns with the government's push for 'Make in India’.
Key Highlights
- Garg Furnace Ltd. has pivoted into manufacturing of Self-Drilling Screws under its own brand name 'TAGIT'
- The new division has an initial production capacity of 100 metric tons per month
- The manufacturing facility is set up with advanced machineries and technology imported from Taiwan
- The trial production has been successfully completed and commercial quantities are being produced
- The company has aggressive plans to ramp up the manufacturing capacity for Selt-Drilling Screws in future