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CMI to set up new manufacturing facility in Haryana

16 Sep 2015 Evaluate

CMI is setting up a new Manufacturing facility at Bawal, Haryana to cater its growing demand for products. For this purpose the company has acquired a fully developed with all facilities a manufacturing unit of Danish company FL Smidth at Plot No 116-117, Sector-07, Phase-01, IMT Bawal, Rewari, Haryana. Manufacturing unit spread over 101,115 sq ft with built up area of 67,000 sq ft is having all the necessary clearances and facilities for Industrial production.

CMI is planning to invest approximately Rs 20 crore on the acquisition and setting up of the facility at Bawal. This investment is expected to significantly augment the production capacity of the company. The company intends to start production in the new facility within this financial year.

Peers
Company Name CMP
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