Lalitanjali to set up steel industrial park in Vizag; invests ` 650 cr

By admin June 25, 2014 11:14 am IST

Infrastructure engineering and supply chain management company Lalitanjali Group announced that it will be setting up the first steel industrial park in India at Vishakapatnam. “An investment of ` 650 crore will be made to purchase over 100 acres of land which is already underway and will comprise of 15-20 ancillary units guided by a pilot company which can be accommodated in it. Over all capacity of the industrial park would be approximately 7-8 lakh tonnes, with captivate power of 25 MW,” the company said issuing a statement.

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