MSR India entering into Aerospace & Defense industry

29 Apr 2016

MSR India is entering into Forging & Extrusion segment, for this purpose the company has recently imported 2000T cold forging machine from Europe. It is one of the rarest kinds of machine in the India. It can be used for all kinds of Extrusion & Forging purposes. Indian Forging & Extrusion market is growing at rapid pace. The company has set up a in house R&D facility to overcome the technological constraints and to become industry leader in the segment.

Govt of India has been encouraging Make in India concept and has been giving huge benefits to Companies especially Defense & Aerospace Companies, taking a cue from that the company also entered into Forging & Extrusion Sector.

The Company can produce Special Purpose Components for Aerospace & Defense Industry with the help of the 2000T Cold forging machine, the company expects to rake in huge revenue from Aerospace & Defense Sector. Apart from Aerospace & Defense, the company will also focus on the Automotive, Electrical Applications, Consumer Products and Agricultural Equipment.

Related MSR Copper Ltd. Links:

MSR Copper Share Price

11.00 -0.13 (-1.17%) May 10, 11:21
1 Year Price Chart
Peers
Company Name CMP
Nestle 16749.20
Ruchi Soya Inds 714.60
Britannia Inds 3430.00
Marico 469.70
Godrej Agrovet 506.10
View more..
Sensex vs MSR Copper
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback