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KSB Pumps intimates on plans to set up new plant

Industry Engineering

KSB Pumps is planning a multiphase expansion of high end engineered pumps manufacturing capacity through setting up new plant at its existing location and is in the process of finalizing the location. The commencement of commercial production is planned in a phased manner from year 2017 onwards. The capital expenditure to be incurred over the phased expansion is estimated to be around Rs.250 crore partly from internal generation and balance from borrowings. 

Extracted from BS, July 24,’15

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