Kennametal India and promoter Kennametal Inc. (US) is planning to expand, modernize and relocate operations for growth in India. In this regard, the company has filed an application with government agency Karnataka Udyog Mitra (KUM) seeking assistance to identify and allot a suitable parcel of Industrial land.
The company’s plan to modernize its business operations and other services with a new location will also allow more space to build and develop state-of-the-art manufacturing operations. The company will consider relocating in phased manner to the new site over about four years, subject to securing all statutory approvals.
Kennametal is a leading global supplier of tooling, engineered components and advanced materials that are consumed in production processes. It provides customers with a broad range of technologically advanced tools, tooling systems and technical services.
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