Borri, Unitek JV to set up plant

Borri, Unitek JV to set up plant

by CW India Staff on Dec 1, 2008

Be the first to comment

European power equipment maker Borri and Kerala-based Unitek Power Solutions are jointly setting up a Rs30 crore manufacturing plant in Ernakulam. The end products will cater to Indian and overseas markets.

This is for the first project that Borri is partnering for within the country. The new unit is expected to be completed in a year’s time.

Borri plans to recruit Indian engineers who would be trained in Italy. Borri will take a 10% stake in Unitek and the modalities are being worked out.

COMMENT

Comment on this article

COMMENTS


Name *
Email *
City
Country
Subject: *
Comments: *
Math Question: *
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.	Refresh the image if not clear
	Remember me on this computer