Bansal Wire Industries' wholly-owned subsidiary, BWI Steel has secured a land allotment from the Gujarat Industrial Development Corporation (GIDC) for a new manufacturing facility.
The 1,70,000 sq. mtrs. industrial plot from the Gujarat Industrial Development Corporation (GIDC) is located in Sanand-II Industrial Estate. The subsidiary had initially applied for 2,00,000 sq. mtrs. of land.
The Gujarat-based expansion follows the company’s earlier announcement about the project in December last year.