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Samtel Lines Up Rs 250 Crore Spread

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Our Corporate Bureau BUSINESS STANDARD

Picture tube manufacturer Samtel will invest close to Rs 250 crore to increase capacity from the existing 5.2 million per annum to 8.3 million per annum by 2005.

It has also embarked upon a plan to export 30 per cent of production 2005 onwards.

Exports of tubes are expected to be around 100,000 units this year. Samtel chairman Satish Kaura today said the group was also planning to delist Samtel India, which manufacturers black & white (B&W) tubes, from the stock exchanges.

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First Published: Mar 21 2003 | 12:00 AM IST

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