Fire broke out at one section of Rico Auto Industries’ Ferrous Foundry Unit-I located at Gurgaon Plant on December 07, 2012. The fire was controlled and there was no casualty. The assets are adequately covered by insurance. The extent of the damage is being assessed.
Besides, the Ferrous Foundry Unit-II and Aluminium Facility are not affected in any way and the company is trying to expedite restoration of the affected section.
Rico Auto is a dynamic world-class engineering company, supplying a broad range of high precision fully machined ferrous and aluminium components and assemblies to automotive OEMs globally. The company enjoys an excellent reputation in terms of customer focus, quality and cost-competitiveness.