Minda Ind to invest 250 mln rupees in blow moulding plant


MUMBAI, Aug 29 (Reuters) - Auto parts maker Minda Industries Ltd said on Fridayit will invest 250 million rupees in a facility in Bangalore to make blow moulding parts. Of this, it has already invested 100 million rupees, and is targeting 500 million rupees in revenue from the plant in the next few years, it said in a statement. Company officials were not immediately available for comment. The facility, which has an installed capacity of 600,000 parts per annum, will supply components ...

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