Jaykay Enterprises’ 70% material subsidiary -- M/s Neumesh Labs has entered into a Memorandum of Understanding (MoU) with M/s Agnikul Cosmos, a Chennai headquartered Space-tech start-up company. This MoU will include supply and maintenance of Metal Printer, Part Printing and Supply of Metal Powder. The approximate value of the contract is Rs 36 crore to be executed over 3 years.
Jaykay Enterprises manufactures synthetic yarns, fibres and fabrics, portland and white cement, chemicals, fertilisers, pharmaceuticals and synthetic fibre-making machinery, and chemicals, and develops renewable energy sources.
