Business Update1 Mar 2024, 11:21 pm
Sintex Forays into Madhya Pradesh with State-of-the-art Manufacturing Facility
AI Summary
Welspun Corp Limited's subsidiary, Sintex Advance Plastics Limited (SAPL), is setting up a manufacturing facility for plastic pipes and water storage tanks in Madhya Pradesh with an investment of Rs 400 crore. The project is expected to create employment opportunities for about 350 people over the next six quarters.,
Key Highlights
- Sintex forays into Madhya Pradesh with state-of-the-art manufacturing facility
- Investment of Rs 400 crore
- Creation of employment opportunities for about 350 people
- Expansion into plastic pipes segment
- Strengthening of relationship with the government of Madhya Pradesh