Ingersoll Rand (India) lays foundation stone for new manufacturing facility

12 Apr 2012 Evaluate

Ingersoll Rand (India) has laid the foundation stone for new manufacturing facility on April 12, 2012. The said manufacturing facility is located at Kancheepuram district in Tamil Nadu. The foundation stone was laid by Michael W. Lamach, Chairman, President and Chief Executive Officer of Ingersoll Rand Plc. at the ground breaking ceremony held to mark the commencement of construction of the new manufacturing facility.

Last year in September, Ingersoll Rand (India) had entered into a lease with Mahindra World City Developers (MWCDL) for acquiring 10.75 acres of industrial land located at Chengalpattu Taluk in Kancheepuram district in state of Tamil Nadu. The lease was for a period of 99 years.

Ingersoll-Rand (India) is engaged in the business of providing solutions for infrastructure development, industrial solutions and climate control markets. Today, the company has emerged as being amongst the largest exporters of engineered goods in India. 

Ingersoll Rand Share Price

1702.45 -24.75 (-1.43%)
Aug 16, 18:01 View Price Chart
Peers
Company Name CMP
Elgi Equipments 427.15
Dynamatic Tech 1878.30
Kirloskar Pneumatic 510.00
Ingersoll Rand 1702.45
Shakti Pumps (I) 465.00
View more..