Murugappa Group to invest Rs 2000 crore in capex over the next two fiscals

The capex, group CFO Sridharan Rangarajan said would be allocated towards a gas-based power plant in silicon carbide maker Volzhsky Abrasive Works, a Carborundum Universal subsidiary.

from Banking/Finance-Industry-The Economic Times https://ift.tt/2wV1zJx