P&H Joy Mining Equipment India (P&H Joy), a fully owned subsidiary of US based Joy Global Inc, plans to set up its manufacturing unit in Changi's proposed airport city at Andal in Bardhaman district in West Bengal.
The company is likely to invest $25 million (Rs 133 crore) for the plant. It has signed an MoU with Bengal Aerotropolis Projects (BAPL) to sublease 25 acre. Currently, P&H Joy is undertaking soil-testing, designing and other things. Construction work is likely to commence in February 2012 with completion slated for 2013.
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