German Inc to invest Rs 25 cr in West Bengal | business | Hindustan Times
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German Inc to invest Rs 25 cr in West Bengal

A source says PTI that this would be 100 per cent subsidiary of the German company, coming for the first time in India.

business Updated: Jun 23, 2007 16:11 IST

Specialised manufacturer of seals for hydraulics, steel plants and defence sector, Hunger GmBH will set up a unit at Sankrail, West Bengal, at an investment of Rs 25 crore.

A source told PTI that this would be 100 per cent subsidiary of the German company, coming for the first time in India.

The foundation stone laying ceremony would be done on July 3 in the presence of Chief Minister Buddhadev Bhattacharjee, he said.