Rs.1350 Million New Elevator Mfg. Unit in Karnataka
A new elevator manufacturing unit is planned in Karnataka, covering 12 acres with an investment of Rs. 1,350 million. The project aims to enhance manufacturing capabilities and meet rising demand for advanced vertical transportation solutions. As of July 2024, a Memorandum of Understanding (MoU) has been signed with the state government, promising job creation and local economic growth.
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