Machinery
Machinery
Machinery


 
Chinese mining equipment firm to start production in India
 
SteelGuru--03-05-2009      [-] Text [+]
 
BS reported that Guangxi Liugong Machinery Company Ltd will probably begin commercial production by June 2009.
A company source said that "We will make bulldozers, angle dozers, road rollers, excavators, backhoe and compactors in the first phase with an investment of INR 150 crore. We have already invested INR 100 crore."
Under phase II, the company plans to invest more than INR 350 crore to reach INR 500 crore total investment. The source said that "It will depend on the success of the first phase."

2008-2009 www.investtochina.com All Rights Reserved