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Mitsubishi Chem arm plans to double capacity

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Sambit Saha Kolkata

MCC PTA India (MCPI), a subsidiary of Mitsubishi Chemical Corporation (MCC), is considering doubling capacity at its Haldia plant in West Bengal. The estimated investment for the expansion could be in the region of Rs 1,500 crore.

Somnath Chatterjee, chairman of West Bengal Industrial Development Corporation (WBIDC), which has a stake in MCPI, said the Japanese major was bullish about prospects in India.

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First Published: Sep 20 2003 | 12:00 AM IST

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