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Tipco Engineering India has informed that Tipco Engineering India has entered into a strategic collaboration with LexaMix, Germany for the manufacturing of specialized machinery catering to the cosmetics, pharmaceutical, and food processing industries. Under this arrangement, the Company will manufacture process machinery on behalf of LexaMix, leveraging its engineering and production capabilities to serve both domestic and international markets. The machines manufactured pursuant to this collaboration will target key geographies including Europe, South America, the Middle East, and India, thereby creating a strong export-oriented business opportunity for the Company.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Bharat Heavy Elect. 434.00
Thermax 3550.45
Kirloskar Industries 3695.90
Skipper 565.95
INDO-MIM 1057.85
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