Balmer Lawrie & Company, a diversified PSU will set up a new plant at Navi Mumbai entailing an investment of Rs 100 crore for manufacturing steel barrels and a multi-modal logistics park at Vizag in collaboration with Vizag Port Trust at a cost of Rs 220 crore.
The company will be closing down its tea business as the turnover from the division is insignificant to the company’s revenue
Balmer Lawrie has emerged as multi-activity, multi-technology, multi-location conglomerate with global footprints - along with its joint ventures, encompassing diverse interests in manufacturing and services sector viz. Industrial Packaging, Grease & Lubricants, Leather Chemicals, Tea, Travel and Tours, Logistics Infrastructure and Services and Refinery and Oilfield Services.
Company Name | CMP |
---|---|
Grasim Industries | 2432.95 |
DCM Shriram | 997.95 |
Birla Corporation | 1439.20 |
Surya Roshni | 582.40 |
Century Textile &Ind | 2155.00 |
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