Finnish company Kone Elevator’s Indian arm has established a new ₹450-crore modern factory near Chennai to consolidate its manufacturing operations and to prepare for the future growth in India.
The new factory, at Pillaipakkam in the Sriperumbudur industrial corridor near Chennai, was inaugurated by the Governor of Tamil Nadu Banwarilal Purohit in the presence of Ministers of Finland and Tamil Nadu apart from top officials of Kone Corporation on Tuesday.
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