From correspondents in Uttarakhand, India, 06:31 PM IST

TIDC INDIA a division of Tube Investments of India (TII), one of India's leading manufacturers of automotive, industrial chains and precision fine blanked components, today announced the inauguration of its automotive chain plant in Uttarakhand state. The Group would be investing Rs 33 crores into the facility that has a capacity to manufacture 5 lac feet of drive and timing chains. The facility was inaugurated by Mr. M A Alagappan, Executive Chairman, The Murugappa Group.

During the inauguration, Mr. Alagappan, said, “We believe in being closer to our customers and are confident that our manufacturing facility in Uttarakhand will enable us to increase our production pace to meet the local demands”. He further added, “CUMI, a leading abrasive manufacturer and part of the Murugappa Group, already has a plant in the state and plans are afoot by Tube Investments of India Ltd to manufacture other products also, in Uttarakhand state”.

The plant is located at Laksar which is 22 km away from Roorkee. With the Uttarakhand facility, TIDC India has now three manufacturing facilities in India. This facility will cater to the requirements of drive and timing chains of leading two wheeler manufacturers and also meet the additional demand in the automotive replacement market.

Source: Press Release Distribution via India PRwire