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HSIL plans setting up JV plant in India with French company Groupe Atlantic

Industry Engineering

HSIL Limited along with Groupe Atlantic, a French company, is planning a water heater unit in India. Further, HSIL will also set up its third sanitaryware manufacturing plant near Dahej in Gujarat. An investment of about Rs 150-160 crore will be made for the new sanitaryware plant and will probably start construction of the new plant next year.

Extracted from ET, July 17,’15

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