G.S.AUTO INTERNATIONAL LTD. - Updates
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| 11 Nov 2014 | |
| GS Auto International Ltd has informed BSE that after, the successful commencement of the Commercial production of its first phase of Jamshedpur Plant, the Company is in the process of Completion of the second Phase of the Jamshedpur plant, which in totality works to be a capex of Rs. 64 Cr. for both the phases. After the Successful completion of the both the phases of the SGI Casting (Ferrous Casting) Capacity of the Company will increase by more than 3 (three) times of its existing ferrous Components Capacity.<br/><br/>Further, the Company is in the process of expanding its retail presence in a big way, by expanding its existing retail network along with dedicated retail chain network, adding more products in to its existing product pipeline, so to encash its existing brand value. The Company has already appointed a team of more than fifty people as MSR (Mechanic Sales representatives) for direct relations with retailers so to boost the overall revenue from retail segment.<br/><br/>After the Successful Completion of its second phase of the Jamshedpur plant, the Company will focus to modernize its existing plant at Ludhiana unit which will result in improvement in the overall margins of the company. | |
| View all announcements for G.S.AUTO INTERNATIONAL LTD. | Source: BSE India |
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