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Modison Metals planning to expand, modernize its HV, LV plants at Vapi

07 Jan 2020 Evaluate

Modison Metals is planning to expand and modernized company High Voltage (HV) and Low Voltage (LV) plants at Vapi. This modernisation could be green or brown field and is under feasibility at this stage. The intention is to create more modern, automated and high productive factories in line with best in class global benchmarks.

The Company has been increasing its global reach and penetration continuously and this expansion & modernization will help it to be ahead of the curve. The total estimated expense could be in the range of Rs 25 crore. 

Modison Metals manufactures and markets electrical contacts for low, medium, high, and extra high voltage switchgear industries in India and internationally.

Peers
Company Name CMP
Waaree Energies 2544.00
Apar Industries 14666.25
Havells India 1160.00
Suzlon Energy 38.25
Siemens 3658.90
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