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Visaka Industries is undertaking expansion of its V-Boards division by setting up a new unit in the state of Tamil Nadu.
The existing capacity of the unit is 1,70,000 MTs and capacity utilisation is 80%.
The company proposed to add capacity to the tune of 50,000 MTs. The capital expenditure for the expansion is Rs 100 crore to be funded through internal accruals.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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