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India Ratings & Research affirms rating to Kalpena Industries’ Long Term Issues

07 May 2013 Evaluate

India Ratings & Research has affirmed rating A-'/Stable to Kalpena Industries’ Long Term Issues. The Outlook is 'Stable'

Kalpena established a modern unit at Daman for the manufacture of PVC compounds. Sustained growth over the next decade necessitated another round of expansion in 1994, when the group set up a second unit in Daman. This state-of-the art plant employed the latest process technology to manufacture XLPE compounds.

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