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Floking Pipes to invest Rs 100 crore, signs pact with Tamil Nadu Government

Industry Chemicals & Petrochemicals

PVC pipes manufacturer Floking Pipes has proposed to invest Rs 100 crore for setting up a new facility in Tamil Nadu. The company has signed a memorandum of understanding with the Government of Tamil Nadu for setting up the manufacturing facility and also to ramp up production at its existing facility in Sriperumbudur.

Extracted from ET, Oct 06,’15

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