Kohinoor Ropes is setting up a nylon wire ropes manufacturing unit at Phase-3, Additional MIDC Area, in Jalna district of Maharashtra.
The unit with a capacity of 1,000 tpa will entail an investment of Rs 120 crore. The company signed a memorandum of understanding (MoU) with the government of Maharashtra on 20 February 2018.
The latest development with Projects Today reveals that civil work at foundation level was underway. The project will be completed by January 2021.