Tata Hitachi to invest Rs.2.5 bn in two plants
Despite its current cost and margin pressure, Tata Hitachi will be investing Rs 2.5 bn over the next two years in West Bengal and Karnataka. The plants will be set up in Kharagpur in West Bengal and Dharwad in Karnataka. The company has closed down its Jamshedpur plant and will be transferring its capacity to Kharagpur site with enough provisions for expansion.
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<p>Contact: Tata Hitachi. </p>
<p>Website: www.tatahitachi.co.in</p>