For Rs 20 crore
CMI announced that the Company is setting up a new manufacturing facility at Bawal, Haryana to cater to growing demand for products of the Company.For this purpose the company has acquired a fully developed with all facilities a manufacturing unit of M/s. Danish company FL Smidth at Plot No. 116-117, Sector-07, Phase-01, IMT Bawal, Rewari, Haryana-123501.
Manufacturing unit is spread over 1,01,115 sq. ft with built up area of 67,000 sq. ft having all the necessary clearances and facilities for Industrial production.
CMI is planning to invest approximately Rs 20 crore on the acquisition and setting up of the facility at Bawal. This investment is expected to significantly augment the production capacity of the company. The company intends to start production in the new facility within this financial year.
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