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Eimco Elecon (India) has entered into a Technology & License Agreement with CZM USA Corp, USA for design, manufacture and sale of Drilling Rigs, generally used in construction sector, for a term of 10 years, in various countries except America. The company is expected to benefit by expanding new line of products in long term under this agreement.

Eimco Elecon (India) is in the business of manufacturing and marketing equipment for underground and opencast mines. The company produces a wide range of underground mining machinery.

Peers
Company Name CMP
Bharat Heavy Elect. 429.60
Thermax 3510.55
Kirloskar Industries 3653.05
Skipper 565.35
INDO-MIM 1225.00
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