Business Standard

V-Guard Industries sets up manufacring unit of voltage stabilizers

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Capital Market

In State of Sikkim

V-Guard Industries announced that in order to meet the growing demand of stabilizers in non-south markets, the Company has set up a manufacturing unit of Voltage Stabilizers in the State of Sikkim. The unit is eligible for benefits under North East Industrial & Investment Promotion Policy (NEIIPP), 2007 which also covers the state of Sikkim.

V-Guard is also exploring inorganic expansion opportunities in companies, with product range having synergy with V-Guard, and manufacturing capabilities. A consultant has been appointed to assist the Company in identifying and evaluating potential opportunities.

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First Published: Dec 09 2015 | 7:30 PM IST

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