Mahindra Intertrade (MIL), a Mahindra & Mahindra Group company, has started setting up a state-of-the-art blanking line plant in Nashik with an investment of Rs 50 crore. |
The plant, which will be spread on 10-acre land, is expected to start commercial operations by March 2007, sources said. The blanking line plant will use German technology to produce steel coils and sheets for M&M |