Business Update15 Oct 2024, 05:24 pm
Shree Rama Multi-Tech Ltd. to Expand Capacity with Rs. 18 Crore Investment
AI Summary
Shree Rama Multi-Tech Ltd. has approved a CAPEX investment of approximately Rs. 18 Crore towards capacity expansion. This involves the purchase of Tubing Machines of the latest technology to manufacture different size and dimensions of Tubes. The company is an ISO 9001:2015 and ISO 15378:2017 (GMP) Certified Company, with a Type 111 Certification. The company's existing capacity is fully utilized, and the expansion is driven by the consistent demand for their products and the growing opportunities in the market.
Key Highlights
- Shree Rama Multi-Tech Ltd. to invest approximately Rs. 18 Crore in CAPEX for capacity expansion.
- The expansion involves the purchase of Tubing Machines of the latest technology for manufacturing different size and dimensions of Tubes.
- The company is an ISO 9001:2015 and ISO 15378:2017 (GMP) Certified Company, with a Type 111 Certification.
- The existing capacity is fully utilized, indicating the demand for the company's products.
- The expansion is driven by the consistent demand for their products and the growing opportunities in the market.