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| Exchange Disseminated Time | Pitti Laminations Ltd has informed BSE that the Company has started a new manufacturing unit at Pune, Maharashtra.
The said unit is situated at Plot No.PAP-K-11, MIDC, Near Village Khalumbre, Chakan Post, Pune - 410501, Maharashtra.
The Company is shifting a part of its capacity from Hyderabad to the new plant at Pune with the objective to strengthen the Company's competitive advantage. The Company is optimistic of getting closer to its raw material vendors and customers thereby reduction in cost of transportation and logistics. Through the shifting process the Company expects to strengthen revenues and margins by enhancing company's competitiveness.
The new unit has started its commercial production on December 17, 2014. |
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