Godrej & Boyce on Monday said it is investing an additional Rs 300 crore at its facility in Gujarat’s Dahej to double revenues from the process equipment arm by FY25.
Godrej Process Equipment (GPE) is investing to strengthen its presence in the hydrogen and power sectors for delivery of specialized and large equipment for which Rs 300 crore investment is being made, according to an official statement.
The expansion will increase the manufacturing area by approximately 25,000 square meters, it said, adding that at present it serves client needs in the oil and gas, chemicals and fertilizers, and power sectors.
The facility, commissioned in 2016, houses units to manufacture and deliver over-dimensional consignments for global projects, it said.
The expansion will involve a dedicated bay for nuclear equipment and another bay dedicated for heavy equipment manufacturing, the statement said, adding a ‘clean room’ will also be created for manufacturing equipment using exotic metals like titanium.
”We have embarked on our journey to make this facility a smart factory and enhance the productivity and quality of products delivered to enrich customer delight,” said Hussain Shariyarr, business head for GPE.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
To activate your Wisely card online, sign in at myWisely.com or the app, choose 'Activate…
Activating your Hartford Courant account online is simple. Visit the activation page, enter your email,…
California EDD now uses Money Network, not Bank of America, for debit cards. Cardholders can…
Activating your PSEA ID card online lets members unlock website access and savings benefits by…
To activate a Best Buy credit card account online, register your card with Citibank, enter…
Activating a new BMO card online is simple. Visit the official activation page, enter your…