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Published 1 month ago

Ceramics Player Simpolo To Invest Rs 1,000 Crore For 3 Times Capacity Expansion

Summary by NDTV Profit
Motilal Oswal Alternates-backed ceramics player Simpolo Group on Tuesday announced a Rs 1,000 crore investment to triple its existing capacity.The investment will be done over the next 2-3 years across two facilities in Gujarat's Morbi and Tirupati in Andhra Pradesh, as per a statement.In Morbi, the company will invest Rs 650 crore to start the plant in the Malia locality that will create employment for 400 people and be ready by FY26, the state…

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Ceramics Player Simpolo To Invest Rs 1,000 Crore For 3 Times Capacity Expansion

Motilal Oswal Alternates-backed ceramics player Simpolo Group on Tuesday announced a Rs 1,000 crore investment to triple its existing capacity.The investment will be done over the next 2-3 years across two facilities in Gujarat's Morbi and Tirupati in Andhra Pradesh, as per a statement.In Morbi, the company will invest Rs 650 crore to start the plant in the Malia locality that will create employment for 400 people and be ready by FY26, the state…

1 month ago
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