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Nelcast update on upcoming greenfield project in Andhra Pradesh

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Capital Market
Last Updated : Jul 31 2019 | 4:33 PM IST
Nelcast announced that the company is installing several machinery at its ongoing greenfield project Phase II for manufacture of iron casting in Andhra Pradesh.

Due to the customised nature of the machinery, some machines are expected to be delivered and installed by the end of the year. Consequent to this the trial runs will commence during H2 of the current financial year and commercial production will commence in the next financial year.

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First Published: Jul 31 2019 | 2:40 PM IST

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