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Unitech International to set-up 100% Export Oriented Unit

19 May 2015 Evaluate

Unitech International is looking at setting up a 100% Export Oriented Unit (EOU) and is planning to apply for a special license under its name to import all kinds of permissible items in the ferrous and non ferrous metals scrap, plastics and other items. It is also looking forward for converting the scraps/semi finished materials into value added products to cater exclusively to the global export market. All the applications are in the processing stage.

The company is in the process of shifting its focus of its major business from trading to manufacturing in order to receive higher profits, diversification to reduce the global commodity and forex risks. It has been primarily involved only in trading activities of various commodities like ferrous metals, non ferrous metals, plastics, chemicals, etc. Now the company is keen to diversify and manufacture high value, speciality chemicals to cater to the domestic as well as the export market.

The company complies with all Safety Laws and meets all strict global standards on Material Handling. A comprehensive system of quality testing, monitoring & recording for all raw materials, manufacturing process and finished goods will be implemented by the company which is paramount to the International Customers.


Peers
Company Name CMP
Redington 349.60
Adani Enterprises 2682.00
Amrapali Industries 32.78
Maxgrow India 174.80
Rashi Peripheral 689.15
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