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Hitech Corporation discontinues operations at Sitarganj unit

17 Oct 2020 Evaluate

Hitech Corporation has discontinued and shifted Sitarganj (Uttarakhand) manufacturing unit to some other manufacturing units of the company with effect from October 16, 2020 due to reduction in offtake by some of the major customers of the company. This will lead to savings in overheads and administrative costs.

Hitech Corporation is engaged in manufacturing of rigid plastic containers specially catering to customers relating to Paints, Lube and Pharmacy product as well as export market.

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