Gujarat Inject Kerala Leases Ahmedabad Facilities for New Tech

Gujarat Inject Kerala Limited has leased two industrial facilities in Ahmedabad, Gujarat, to support its factory operations and R&D in thermal and renewable energy. The premises will be used for technology development and advancing new technologies in the Indian market. This move is expected to open new business opportunities and contribute to future turnover. The lease agreements are for five years with a 5% annual escalation and a two-year lock-in period.