Hinduja Foundries to invest Rs 350 crore in 2-3 years
Hinduja Foundries will invest Rs 350 crore to increase its production capacity to 2.26 lakh tonnes in 2-3 years. The company will set up a Greenfield unit in Hyderabad at a cost of Rs. 150 crore and a low-pressure aluminium foundry with a production capacity of 5,000 tonnes at sriperumbudur at an investment of Rs 50 crore, according to its its Managing Director Mr. V Mahadevan.
Source: PTI Chennai
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