" 1. A groundbreaking ceremony was performed on December 01, 2011 for a new automotive cable plant at Suprajit Automotive Limited, 100% EOU at Bangalore. The plant is expected to start production before the end of 2012 to meet the new projects received from certain marquee customers for exports. Suprajit Automotive Limited is a fully owned subsidiary of Suprajit Engineering Limited.
2. A groundbreaking ceremony was performed for another new plant at Doddaballapur, Bangalore. This plant is expected to produce some of the new products, which are currently in advanced stage of development."
2. A groundbreaking ceremony was performed for another new plant at Doddaballapur, Bangalore. This plant is expected to produce some of the new products, which are currently in advanced stage of development."
Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.
Nothing in this article is, or should be construed as, investment advice.
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