Mahindra Sona Ltd is planning an assembly facility for propeller shafts at Pithampur in Madhya Pradesh. It will invest around Rs.20-25 crore in the first phase. It has also plans to expand its Nashik unit with an investment of Rs. 12-15 crore. Further, to upgrade the machineries it would invest Rs. 8 crore.
Extracted from HBL, Oct 01,’15