A total investment of Rs 211 billion ($2.5 billion) has been allocated to this ambitious project. The company has confirmed that it will finance this initiative primarily through internal accruals.
In an official statement issued on Tuesday, the company's board of directors gave the green light to the setting up of this greenfield precision steel tube manufacturing unit. The project is expected to be completed in the 2024-25 fiscal year, demonstrating the company's commitment to expanding its production capabilities and contributing to the region's growth.
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