Engineering,Engineering sector projects by Bajaj Electricals Limited in Nashik
Project Information
5590
Bajaj Electricals Limited
Bajaj Electricals Limited (BEL), a consumer electrical equipment manufacturing company of the Rs 38,000-crore Bajaj Group, is putting up its second water heater plant at Nashik with an estimated investment of Rs 35 crore, said executive director PS Tandon.
“The proposed plant will have a capacity to churn out 350,000 units of water heaters per year in a single shift. We expect to have this functional by the end of December,” he told mediapersons here on Wednesday.
The company has finalised land near Mumbai to establish an R&D centre for small appliances, LED lightning, among others. “Broadly, the investment for the R&D centre should be anywhere between Rs 50 crore and Rs 60 crore. The centre will be up and running within a year-and-a-half,” he said, adding the company had forayed into the non-electrical segment with products like pressure cookers and gas stoves one-and-a-half years ago, and was expecting this business to generate revenues of Rs 80-100 crore this fiscal.
Project Value
INR 95 Crore /-
Pre Project Activities Underway
Nashik
Maharashtra
India
Engineering,Engineering
Disclaimer :
We takes all possible care for accurate & authentic tender information, however Users are requested to refer Original source of Tender Notice / Tender Document published by Tender Issuing Agency before taking any call regarding this tender.
