GS Auto lays Foundation Stone of New Manufacturing Unit at Jamshedpur |
Written by Vijay | |
Friday, 18 December 2009 | |
Mumbai: Auto component manufacturer, GS Auto International Ltd has laid down the foundation stone for its new manufacturing unit at Jamshedpur. It is being set up at an investment of approximately Rs. 30 crore and commercial production is expected to commence by December 2010. The new facility will manufacture auto Components for the Commercial Vehicle and passenger vehicle sector. The facility will aid in further diversification to auto components for the passenger vehicle segment.It will enhance the capacity of its Casting Components. The Company intends to double its existing Casting Components capacity, by the setting of this new unit, at Jamshedpur. |