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Mahindra Auto sets up steel facility

Industry Transport equipment

Mahindra Auto Steel Pvt Ltd., a joint venture between Mahindra Intertrade of Mahindra Group, China Steel Global Trading Corp. and Mitsui & Co. (Asia Pacific) Pte, has opened its 100,000 tonnes per annum automotive steel processing facility at Chakan in Pune. Estimated cost of the facility is around Rs.110 crore. It has also plans to add 40,000-50,000 tonnes capacity in the second phase. 

Extracted from The Hindu, Sep 16,’15

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