Submitted by TheIndiaStreet on August 2, 2008 - 4:41pm.
H.M. Nerurkar
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Tata Metaliks Ltd, India's largest pig-iron manufacturer, is foraying into the foundry business and also considering an integrated steel plant at a later stage.
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Mr Harsh K Jha, Managing Director, said: "In 5-6 months we will configure the casting project and decide over the size and investment."
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Tata Metaliks chairman HM Nerukar said, “There are not many good organised players in the foundry business and entering into it would give Tata Metaliks an added advantage”
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Tata Steel had a large foundry operation but it was subsequently closed down. The people employed there could be brought in for their experience
Submitted by TheIndiaStreet on July 12, 2007 - 1:49pm.
Analysis of select India stocks (short term perspective)
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