Journalism of Courage
Premium
This is an archive article published on October 14, 2009
Surya Roshini to invest Rs 550 cr in 3 yrs
Surya Roshni will invest Rs 550 crore over the next three years.
1 min read
Lighting and steel pipes maker Surya Roshni will invest Rs 550 crore over the next three years on its expansion and scale up the company’s Kashipur facility as part of this process.
The company’s Kashipur facility will be expanded to produce 20 lakh CFL bulbs,Surya Roshni Deputy Managing Director Arvind Bansal told reporters here.
The company will invest Rs 550 crore over the next three years to become a Rs 5,000 crore group. At present it has a turnover of Rs 1,500 crore.
Story continues below this ad
The Kashipur facility will entail an investment of Rs 20 crore. While,a new plant at Malanpur will be set up with Rs 100 crore.
For this expansion the group will employ 6,000 new people in a year,Bansal said.
The company exports various products to 45 countries including US and Europe.
Advertisement
Live Blog
PHOTOS
Top Stories
Advertisement
Must Read
SportsTemba Bavuma: South Africa's Iron Man with a giant heart, undefeated and unbroken, leads from the front at Eden Gardens for famous win
SportsWorld Boxing Cup Finals: Preeti Pawar makes winning return, armed with sharp counterattacks and improved defensive movements
TechnologyHow screenless wearables like Whoop and Oura ring are making discreet fitness tracking popular
Advertisement
Buzzing Now
TrendingDelhi woman gives air purifier a ‘spa day’ after it turns black from pollution; viral video alarms netizens: ‘So harmful to stay indoors’
Trending‘Swiggy dad’ goes viral for teaching daughter between deliveries; inspires the Internet: ‘Real life hero’
TrendingAkon ‘harassed’ on stage in Bengaluru, viral video shows fans pulling singer’s pants during concert: ‘India has no respect for any artist’
- 01
- 02
- 03
- 04
- 05
Advertisement