RCI Industries & Technologies’ expansion of its manufacturing plant in Baddi, Himachal Pradesh is on track and as per planned schedule. The expansion is expected to be completed by the end of Q1FY18. The planned capital expenditure is around Rs 50 crore.
The expansion is in progress at the Baddi plant which has a current capacity of 3,000 MT per annum that is fully operational. Post the expansion, the total installed capacity will be at 24,000 MT per annum for the manufacture of for Copper and Copper Alloys/Brass/Strips/Sheets/Foils/Coils/Wires etc. and 1,800 MT per annum for the manufacture of Stainless Steel/MS-Strips/Foils etc.
RCI Industries & Technologies is engaged in export & import of Copper Wires used in various electrical and industrial applications. Also, in partnership with Satya Metals they manufacture products with most advanced technology and graded raw material, which is checked at every stage of production.
| Company Name | CMP |
|---|---|
| Hindalco | 1043.70 |
| Vedanta | 296.45 |
| Hindustan Zinc | 635.00 |
| Jain Resource Recycl | 571.55 |
| Gravita India | 1763.45 |
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