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Kubs Safes to invest in Tamil Nadu

Wednesday, 11 Sep 2013
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Kubs Safes and Locks, promoted by a group of Dubai-based NRIs, is planning to invest Rs 120 crore in its manufacturing unit in Tamil Nadu.

The company is setting up a safe vaults-and-locks producing unit at Sipcot Industrial Growth Centre in Oragadam, near Chennai. For the purpose, it has acquired a 10 acre plot at Oragadam, and the facility is in the final stages of completion. Kubs Safes and Locks is expecting to commence trial production in November 2013 with commercial production scheduled for January 2014.

The company has been in the business of marketing and distributing safe vaults for various global brands such as Sentinel, Immortal, Crocks, Oyster, Eden and Cella.


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