HSIL to invest Rs 210 crore for expansion

Mumbai, Sep 17 (UNI) Hindustan Sanitaryware&Industries Limited (HSIL) will invest Rs 210 crore for capacity expansion of its container glass division.

In a communique to bourses, the company today said its director board has approved the proposal for setting up a new production facility in Andhra Pradesh.

The new project would be funded through additional debt and internal accruals and is expected to be completed in a period of two years, said the company in a statement.

UNI