Delhi-based Siddhi Vinayak Industries
(SVIL) is setting up a marble-cutting and polishing unit in Katni district of
Madhya Pradesh. The project will entail an investment of Rs.400 crore of which
the company has already invested Rs.280 crore.
Work on the project is scheduled for
completion by November 2006.
Katni is known for its marble of
international quality and Katni marble is being exported to countries like the
United Arab Emirates, Yemen, Kuwait, Nigeria, Manama, and the US.