Jindal Lifestlye opens new factory in Chennai

Jindal Lifestyle, a producer of integrated stainless steel solutions, has opened a new factory in Chennai that would primarily serve Vande Bharat trains.

According to CEO Rajesh Mohata, the firm has facilities in Chennai, Pathredi, Rajasthan, and Rohad, Haryana, with a combined capacity of 1,500 tonnes per month. Industrial stainless steel tanks, homeware, cookware, bus shelters, metro and railway components, and other items are among the company’s offerings.

The second factory in Chennai, which was commissioned last month, is now functioning at 40% capacity, with further machinery set to be added next month to increase capacity utilisation to 80%.

“The investment in the additional plant is only in machinery as the shed has been taken on rent,” Mohata said. “The plant makes stainless steel components for the coaches. We have running orders now and with the Railways replacing coaches regularly, we expect the demand to continue.”

 

Site Moved. Visit our New Website

We have moved this news site from this URL to https://www.newprojectstracker.com/capex-news .

Visit this site for regular updates

Buy Latest Research Reports

Related Posts