Latest NewsNews Snippets

Sintex to Establish Rs. 350 Cr. Manufacturing Facility in Telangana

Sintex-BAPL Ltd. (SBAPL), part of the Welspun Group, is planning to develop a manufacturing facility at Chandenvalle in Rangareddy district, Telangana. This facility will be established with an investment of Rs. 350 crore.

Sintex’s upcoming facility will manufacture pipes, automotive components, tanks, and related accessories. The foundation stone for this facility will be laid by Mr. B.K. Goenka, Chairman of Welspun Group on 28th September 2023. This upcoming manufacturing facility will create 1,000 job opportunities in the region.

Welspun Corp. Ltd. (WCL) acquired Sintex-BAPL Ltd. on 29th March 2023 for Rs. 1,251 crore.