Hoist Plans Rs 15 Crore Unit In Nagpur

The city-based Hoist Elevators (India) Ltd is planning to set up an elevator manufacturing plant at MIDC Hingna near Nagpur with an investment of Rs 15 crore.Hoist has been the authorised sales agent for German elevator company Ingebieburo Fiir Augzustechnik (IFA). The plant is expected to be commissioned in a year