Mafatlal Industries Ltd. (MIL) has planned an additional investment of Rs. 200 crores in its Nadiad and Navsari units over the next three years.
The company has already invested Rs. 100 crores in modernisation of the two plants in Gujarat. It has chalked out plans for an additional Rs. 200-crore investment in them in the next three years, the MIL Chairman, Mr. Hrishikesh A. Mafatlal, has said in a press release. The move will help improve product quality and increase volumes.