Valeth Hightech Composites, manufactures of advanced composite materials and products for a variety of applications for aerospace and defence sector, is planning to set up units in Hyderabad and Bangkok. Hyderabad unit is expected to be operational in a year and Bangkok unit is planned to be operational in next 12 to 18 months. Approximate cost of the project is around Rs. 40 crore and 20 crore respectively.
Extracted from The Hindu, May 27,’15