Brief: HG Industries Says Greenfield Project For Manufacturing Of Plywood, Allied Products At Tindivanam Commenced Commercial Production
09/06/2023 04:36
June 9 (Reuters) - HG Industries Ltd HGID.BO :
* GREENFIELD PROJECT FOR MANUFACTURING OF PLYWOOD, ALLIED
PRODUCTS
AT TINDIVANAM COMMENCED COMMERCIAL PRODUCTION
* PROJECT HAS POTENTIAL TO GENERATE 4 BILLION RUPEES REVENUE
PER
ANNUM ON FULL CAPACITY UTILIZATION
* TOTAL CAPEX INCURRED FOR PROJECT STANDS AT AROUND 1.30
BILLION
RUPEES
Source text for Eikon: ID:nBSE9WRGX
Further company coverage: HGID.BO
((Reuters.Briefs@thomsonreuters.com;;))
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