Business Standard

Visaka Industries to invest Rs 100 cr in expansion of its V-Boards division

Image

Capital Market
Visaka Industries is undertaking expansion of its V-Boards division by setting up a new unit in the state of Tamil Nadu.

The existing capacity of the unit is 1,70,000 MTs and capacity utilisation is 80%. The company proposed to add capacity to the tune of 50,000 MTs. The capital expenditure for the expansion is Rs 100 crore to be funded through internal accruals.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 06 2019 | 3:39 PM IST

Explore News