Current Date: 09 Jul, 2024

UKB Electronics Powers Up with Rs54 Crore Investment in New Maharashtra Plant

UKB Electronics is gearing up to establish a power cables manufacturing unit at Supa Parner MIDC Industrial Area in Ahmadnagar district, Maharashtra. With an investment of 54 crores, this venture marks a significant step towards expanding their operations. The project's footprint will cover an extensive 8.63-acre land parcel, ensuring ample space for production facilities and future growth opportunities.

Situated in the heart of the industrial zone in Ahmadnagar district, the chosen location provides strategic advantages such as proximity to transportation networks and access to skilled labor. This facilitates streamlined operations and efficient distribution of products to regional and national markets.

The manufacturing unit will focus on producing high-quality power cables, catering to the growing demand driven by infrastructure development and urbanization. Through the adoption of advanced technology and stringent quality control measures, UKB Electronics aims to maintain its reputation for delivering reliable and durable products.

Beyond its commercial objectives, the project holds promise for local economic development by creating job opportunities and supporting ancillary industries in the region. Additionally, UKB Electronics is committed to environmental sustainability, incorporating eco-friendly practices into its manufacturing processes.

News by Rahul Yelligetti

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Source : Projxnews