Badve Autotech is setting up an automobile ancillaries unit at Vithalpur village in Ahmedabad district of Gujarat.
The unit will have a capacity of 10,000 numbers per day. The project will spread over 32 acre of land.
Badve Autotech will invest Rs 150 crore in the unit, of which around 80 per cent will be funded through bank loan and remaining 20 per cent from internal accruals.
Around 80 per cent of the project cost will be funded through bank loan and remaining 20 per cent from internal accruals.
N R Verma & Associates has been appointed as the consultant for the project, Sarnar Buildtech is the civil contractor and Plustech Systems & Solutions is the machinery supplier.
As told to ProjectsToday, work on the project was underway with completion scheduled for June 2015.
More Project Info:
Automobile Ancillaries (Vithalpur) Project