Vikas WSP infuses Rs 735 cr, to set up manufacturing plants

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New Delhi, Sept 21 (UNI) Haryana-based textile printing manufacturer Vikas WSP Ltd today said it will invest Rs 735 crore to set up manufacturing plants at Bikaner and Baroda.

The company will produce organic products like Guar Gum Polymers, Psyllium Husk Powder at its Bikaner plant, which is scheduled to be operational in FY 2009-10.

The Baroda plant, with an investment of Rs 375 crore, will deliver Guar derivative plant like Hydroxypropylguar, Carboxymethylhydroxypropylguar and Cationic Guar to be used for fracturing of oil and gas wells.

The plant is expected to put on stream in 2010-11, a statement said.

UNI

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