LiuGong India Private Limited (LIPL), engaged in production of heavy earth moving machines and construction equipments, will start its production at Pithampur, around 35 km from here, tomorrow.     

LIPL, a 100 per cent subsidiary of Guangxi Liu Gong Machinery Company Limited of China, has set up its plant in an area of 44 acres with an initial investment of Rs 175 crore at Pithampur and plans to manufacture 2000 units per year, sources close to the company management, said.     

Click here for Cloud Computing

Also Read   Related Stories News Now - Roman Tarmat bags Rs 24.58 cr contract for Chennai Link Rd - Contracts for roads only after 80% land is acquired - JSW Steel rules out hike in prices - Omaxe to raise long term funds by issuing securities - Hindustan Dorr bags order worth Rs 60 cr from CIDCO - World Bank commits $6.6 bn to poor of S Asia

Also Read   Related Stories News Now - Markets end higher led by rate sensitives - New rules to seize property of corrupt babus - BSES gets Rs 5,000-cr IDBI Bank loan to pay dues - Reliance MediaWorks Q3 net loss at Rs 151 cr - Investor wealth grows by Rs 10 lakh cr in 2012 rally More

LIPL is the first Chinese company to invest in Madhya Pradesh.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end higher led by rate sensitives - New rules to seize property of corrupt babus - BSES gets Rs 5,000-cr IDBI Bank loan to pay dues - Reliance MediaWorks Q3 net loss at Rs 151 cr - Investor wealth grows by Rs 10 lakh cr in 2012 rally

Tags : LiuGong India | construction | China   Read Business news in  Advertisements -  Now property search gets more exciting than ever before! -  High Growth Business Opportunities in Africa - Register to explore -  Save over Rs.3000 with IndianOil Citibank Card -  We live for our family. have you secured them? -  Financial Learning now made easier and more convenient. -  India's No. 1 Property Site. Click here to know more.. -  Get 5% cashback on telephone bills with Citi -  Enjoy the journey as much as the destination. click to know more.. -  Exim Bank Conclave on India - Africa Project Partnership. Know more.. -  Be part of it The World's Largest Aircraft. -  Creating Wealth made simple the SIP way. Know more.. -  Only Developer to give a guarantee on time space & rate. -  Office 365 for professionals and small businesses. -  Buy Your Property with Our Triple Guarantee in India. -  Improve Patient Care & Experience. Click here to know more -  Win a Business Class Ticket to Europe..Know more.. -   Introduce a New Automotive Luxury Car.. know more -  Health is Wealth..... Insurance + Savings... Know More...