Birla Precision Tech increases capacity to take on China imp

Birla Precision Tech increases capacity to take on China imports


Birla Precision Tech increases capacity to take on China imports
March 12, 2021
Vedant Birla, CMD, Birla Precision Technologies×
With global supply chains looking at newer markets outside of China and recoveries in the automobile sector here in India becoming pronounced, auto component supplier and cutting tools firm, Birla Precision Technologies is ramping-up capacities across plants in Nashik and Aurangabad.
The company is also looking at a larger play in the mining tools and drills segment as it looks to take on Chinese imports and “dumped offerings” in the category. Among the five divisions of the company, drill manufacturing (cutting tools division) is the highest contributor to revenues.

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