Vacates plant premises located in Gurgaon
Shyam Telecom announced that the Company carries out its manufacturing operations from the plant situated at UV-246, Phase - IV, Udyog Vihar, Gurgaon. The manufacturing operations of repeater division were consistently dropping with diminishing profitability due to stiff competition. In the last few quarters, the size and quantum of the manufacturing operations even did not justify the manpower and space which the Company were occupying of the same premises. The Company has vacated the said premises and resolve to outsource the manufacturing operations.Powered by Capital Market - Live News