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Anchor Electricals to build Rs.2 bn plant
2018-12-01
Anchor Electricals will be setting up a 30-acre factory in Sri City and will be investing Rs 2 bn to produce fans, wiring devices and switch gear. The products will be catering to the Central and South Indian markets. Once the plant is operated in 2020, it is expected to generate 2,000 jobs. The company name is likely to undergo changes in the coming months, with Anchor likely to be changed to Panasonic.
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<p>Contact: Anchor Electricals.</p>
<p>Website: www.anchor-world.com</p>
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