Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Union Budget
Budget 2011-2012 Home
Industry Expectations - Budget 2011-2012
Industry Reactions - Budget 2011-2012
Budget 2010-2011
Budget 2010-2011 Home
Industry Expectations - Budget 2010-2011
Industry Reactions - Budget 2010-2011
Contributor's Corner
Bonanza Portfolio
Hemant K Gupta
Krish Bhatt
S A A R T H I
Trinity Investments
Exchange Information
BSE 2009 Holidays
NSE 2009 Holidays
Investor Guide
Depository & Dematerialisation
Grievance Redressal
Investor Guide
SEBI
Trading of Securities
Transfer of Securities
Your Rights
Budget 2009-2010
Budget 2009-2010 Home
Industry Expectations - Budget 2009-2010
Industry Reactions - Budget 2009-2010
Interim Budget 2009-2010 Home
Industry Expectations - Interim Budget 2009
Budget 2008-2009
Railway Budget 2008-2009
Industry Expectations - Budget 2008
Union Budget 2008-2009
Highlights of Budget 2008-2009
Summary of Budget 2008-2009
Industry Reactions - Budget 2008
IPOs
Current IPOs
Past IPOs
IPO Subscription
Mutual Funds
Gold Exchange Traded Fund
MF Unique Holding
Forthcoming Dividends
ELSS Schemes Comparison
Tax Plans
New Fund Offers
Research
Arbitrages
Equity
Market Whispers
Tax Planning
Home
Equity Linked Savings Scheme
Post Office MIS
9% GOI Senior Citizens Savings Scheme
8% Savings (Taxable) Bonds
Kisan Vikas Patra
National Savings Certificate
Public Provident Fund
Stock Report

| More

Centum Electronics inaugurates state-of-the-art design and manufacturing facility in Bengaluru

Posted On: 2017-02-15 21:21:35

Bengaluru based strategic electronics manufacturer, Centum Electronics expanded operations with the launch of their fourth manufacturing facility in their home city. The state-of-the-art facility was inaugurated by Mr. Manohar Parrikar, Hon. Minister of Defence, Government of India in the presence of Mr. R.V. Deshpande, Minister for Large and Medium Scale Industries, Infrastructure Development, Government of Karnataka, Dr. S Christopher, Secretary, Department of Defence R&D and Director General, DRDO, Dr. G. Satheesh Reddy, Scientific Advisor to Raksha Mantri.

Spread over six acres the facility is about 150,000 sq. ft. and is located at the aerospace park near Devanahalli. The investments toward the facility including upgradation of lines and technology is about 200 crore, over two years.

Mr. Apparao Mallavarapu, Chairman and Managing Director, Centum Electronics said, "The aerospace facility is the fourth manufacturing location we have built in India demonstrating our continued commitment to the government's vision of 'Make in India.' Centum Electronics already has a significant presence in Bengaluru with three other facilities fully operational. The investment in the new manufacturing facility represents the potential available in the industry in India and abroad."

The inauguration of Centum's new facility Avanza had guest including customers, dignitaries and employees. The facility, which provides full time employment to nearly 750 people, will integrate design, manufacturing, factory testing, quality control and advanced manufacturing engineering for Centum's defence automation business in India and abroad. The project is a direct result of the opportunities created for Indian Companies with a focus on self- reliance and indigenous design and manufacturing for the Defence and Aerospace industry.

Located at the aerospace park, Centum Avanza has the advantage of being right next to the International airport. The facility will design and manufacture products for the Defence and Aerospace industries as well as for Industrial and Medical customers all around the globe. 95% of these products are exports from India. The facility is expandable to another 120,000 sq. ft. with a future capacity of 850,000 sq. ft.

The Centum Group's offering range from customized product design and development, manufacturing services and turnkey solution for mission-critical applications in the Defence, Aerospace, Space, Industrial, Medical and Communications markets. While most of the company's business come from outside of India, Centum has always been keen on a Make in India mandate. With reputed international clients across the US and Europe, Centum Electronics expanded its base with its recent acquisition of the French Adetel Group.

Shares of CENTUM ELECTRONICS LTD. was last trading in BSE at Rs.599.1 as compared to the previous close of Rs. 627.4. The total number of shares traded during the day was 1100 in over 144 trades.

The stock hit an intraday high of Rs. 615 and intraday low of 592. The net turnover during the day was Rs. 664729.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Sangam Advisors Ltd to consider Q3 results, fund raising on Jan 30, 2018
Amarjothi Spinning Mills Ltd to announce Q3 results on Jan 31, 2018
Himachal Fibres Ltd announces resignation of MD
JK Lakshmi Cement Ltd calls for Board Meeting on Jan 31, 2018
Nihar Info Global Limited announces resignation of Company Secretary
J.Kumar Infraprojects Ltd receives LOA from DMRC for 2 contracts
Satin Creditcare Network Ltd announces resignation of Mr. Richard Benjamin Butler
Ind Bank Housing Ltd to consider Q3 results on Jan 29, 2018
Lotus Chocolate Company Ltd appoints CFO
Kakatiya Cement Sugar & Industries Ltd to approve quarterly results on Feb 5, 2018
IndBank Merchant Banking Services Ltd calls for Board Meeting on Jan 29, 2017
Uttam Galva Steels Ltd appoints Shri Arvind Kumar Gupta as Additional Director
Sunil Healthcare Ltd calls for Board Meeting on Feb 12, 2018
TRF Ltd to consider Q3 results on Jan 29, 2018
Chennai Meenakshi Multispeciality Hospital Ltd calls for Board Meeting on Feb 13, 2018
Jagran Prakashan Ltd calls for Board Meeting on Jan 30, 2018
RCI Industries & Technologies Ltd calls for Board Meeting On January 29, 2018
JK Agri Genetics Ltd to consider Q3 results on Feb 6, 2018
Oceanic Foods Ltd receives order from MNC for Rs. 2 crores
Alfa Transformers Ltd receives order worth Rs. 7.57 crore
Mrs. Renu Karnad resigns from HDFC Bank
Suven Life Sciences Ltd Fixes Feb 7, 2018 as Record Date for Interim Dividend
Sanghi Corporate Services Ltd calls for Board Meeting on Jan 27, 2018
Shri Dinesh Mills Ltd calls for Board Meeting on Feb 14, 2018
Uttam Value Steels Ltd appoints Shri Arvind Kumar Gupta as Director
Rathi Bars Ltd calls for Board Meeting on Jan 25, 2018
Somany Ceramics Ltd to consider quarterly results on Jan 30, 2018
Aplab Ltd to consider third quarter results on Feb 9, 2018
SuperHouse Ltd calls for Board Meeting on Feb 8, 2018
Omax Autos Ltd posts net profit of Rs. 12.48 crores in Q3
Godawari Power & Ispat Ltd Q3 net profit zooms to Rs. 74.38 crores
Gruh Finance Ltd Q3 PAT rises to Rs. 82.16 crores
Hindustan Oil Exploration Company Ltd Q3 net profit higher at Rs. 12.87 crores
DCM Shriram Ltd Q3 PAT jumps to Rs. 212.86 crores
Bliss GVS Pharma Ltd divests Managed Healthcare Services Business to Mayfair Healthcare Holdings Ltd
Bharti Airtel Ltd to transfer 25% share in Bharti Telemedia Ltd
Sicagen India Ltd calls for Board Meeting on Feb 7, 2018
California Software Company Ltd updates on acquisition of Infinia Solutions
Radio City launches one of its kind listener choice award in Maharashtra
Dalmia Bharat Ltd to announce Q3 results on Feb 7, 2018
Suditi Industries Ltd calls for Board Meeting on Jan 25, 2018
Shoppers Stop opened at Big India Mall, Thane and Palladium Mall, Chennai
OCL India Ltd to consider Q3 results on Feb 7, 2018
Rossell India Ltd to consider 3rd quarter results on Feb 9, 2018
Karur Vysya Bank Ltd to announce Q3 results on Jan 31, 2018
Parsoli Corporation Ltd calls for Board Meeting on Jan 25, 2018
SML Isuzu Ltd to announce third quarter results on Feb 9, 2018
Crestchem Ltd calls for Board Meeting on Jan 30, 2018
Prime Urban Development India Ltd calls for Board Meeting on Feb 2, 2018
Bharti Airtel Ltd approves acquisition of 5% in Bharti Teleports Ltd


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2018