
|
|
||
|
|||||||
| Active Threads | CHAT ROOM | Register | Blogs | FAQ | Members List | Calendar | Search | Today's Posts | Mark Forums Read | ||
| INTRADAY CALLS(VIJAY) IPO DIARY(goodbrother) | |||||||||||
|
Jindal SawDiscuss Your Favourite Stocks. Talk about market buzz/rumours, stock tips, advice.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
![]() |
|
|
LinkBack | Thread Tools | Rate Thread | Display Modes |
|
|||
|
The expansion project of Jindal SAW Nashik Unit has
been accorded the status of the Mega Project by the Honorable Government of Maharashtra. Jindal SAW Ltd is a part of the US $ 10 billion OP Jindal Group. Under the expansion programme, the present annual capacity of Nashik unit is being augmented from 75000T of finished tubes to 220000T of finished tubes. The main equipment PQF mill (Precision Quality Finishing mill) with the state of the art technology is being imported from SMS Germany and other supporting equipments are being procured from USA, China, South Korea and Austria. A new cold mill is already under commissioning and the total expansion is expected to be completed by Aug 2008. With the approval as Mega Project, Nashik unit will be eligible for Industrial promotion subsidy under the Package scheme of incentives – 2007. This will help the unit to be more competitive in the market since major portion of the investment gets covered with the subsidy. The Nashik unit, situated in the Sinnar Malegaon MIDC, is engaged in the manufacturing of seamless tubes for application in Petroleum sector , Automotive sector and numerous other segments like Boilers, Hydraulic cylinders etc. |
![]() |
| Bookmarks |
| Thread Tools | |
| Display Modes | Rate This Thread |
|
|
Similar Threads
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| jindal photo | puneet02002 | STOCK DISCUSSION/MARKET BUZZ | 0 | 15th November 2007 03:49 PM |
| Jindal Stainless Steel | bdis | STOCK DISCUSSION/MARKET BUZZ | 1 | 3rd August 2007 01:57 AM |