Cosmo Ferrites has received approval from Board of Directors for expansion of capacity of the Company’s Ferrites manufacturing facility from 2400 MT to 3,600 MT per annum at a project cost of about Rs 30 crore. The expansion plan would be completed and go on stream in the first quarter of FY22-23.
Cosmo Ferrites is one of the leading manufacturers of Manganese Zinc Soft-ferrite from India.