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Tata Chemicals to set up second water purifier unit

02 Sep 2010 Evaluate

Tata Chemicals with investment of Rs 50 crore intends to set up a second unit for manufacturing its water purifiers, sold under the Tata Swach .The company already has a facility at Haldia, where it currently manufactures 1 million units of the purifier per annum. The proposed facility would have a capacity of 500,000 units annually.

Tata Swach, which uses a combination of low-cost ingredients such as rice husk with nano-technology, is available in three variants across Maharashtra, Karnataka, apart from the Northern and Eastern markets.The pan-India roll-out of the product is expected to be completed by this fiscal, subsequent to which the company could look at eventually establishing 3-4 facilities nationwide to service each region better.

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Peers
Company Name CMP
Godrej Industries 1021.20
SRF 2490.00
BASF India 3411.40
Pidilite Inds. 1470.00
Tata Chemicals 607.90
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