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Nipha Group embarks on Rs 180-crore expansion plan

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..... Nipha Group embarks on Rs 180-crore expansion plan - PTI News Dated:- 4-1-2025 PTI - News - Nipha Group embarks on Rs 180-crore expansion plan - - - Dated:- 4-1-2025 - Kolkata, Jan 4 (PTI) The Nipha G .....

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..... roup, a city-based engineering and manufacturing firm, on Saturday unveiled an investment strategy on its 65th anniversary, allocating Rs 180 crore for India operations over the next two years. As par .....

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..... t of the expansion plans, the company announced its intention to acquire a US-based company, bolstering nearshore presence in its largest market and leveraging the 'China Plus One' strategy. "We are c .....

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..... ommitted to the region, with two greenfield projects at Dankuni and Chandannagar in West Bengal and a brownfield expansion at Falta, creating potential job opportunities. "We have over 2,000 employees .....

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..... and seven operational units in this region," Chairman M C Shah said. He also said that dialogues for the US acquisition are underway. The company exports products to over 30 countries from India. It .....

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..... had invested Rs 90 crore in the 2023-24 fiscal, and has allocated an additional Rs 180 crore capex for FY'25 and FY'26. To commemorate its anniversary, the Nipha Group also released a biography, ‘Grih .....

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..... asth Rishi’, honouring its Chairman Emeritus, the Late G D Shah. The event also featured a Sarod performance by Ustad Amjad Ali Khan. PTI BSM RBT - - News - Press release - PIB Tax Management India .....

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..... - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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