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Rasi Electrodes diversifies into development of wire drawing business

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Capital Market

Completes supply of first trial order

Rasi Electrodes announced that the Company has successfully diversified into development of wire drawing business for various industrial applications.

Further the Company has completed the supply of the first trial order for 20 tons of wire drawn in its plant and successfully completed the requisite trials and tests carried by clients in their floor shops.

The Company has taken up the expansion plan in wire drawing facilities and has decided to import a dedicated plant from Henan Xigong Mechanical & Electronical Equipment Company, Zhengzhou, China.

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First Published: Jul 01 2015 | 2:40 PM IST

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