KML completes 1st phase of expansion; production to begin in Jan'08

New Delhi, Dec 31 (UNI) Kisan Mouldings Ltd (KML) today said it has completed the first phase of expansion of its unit at Mahagaon near Tarapur and the commercial production would commence from January 2008.

''Due to this expansion in the last quarter, the company's top line and bottom line will improve at a very rapid pace,'' said KML Managing Director Satish Agrawal in a statement.

Mumbai-based KML is engaged in manufacturing and sales of PVC products like PVC pipes and fittings, plastic moulded furniture and other related products.

The company has two manufacturing units at Silvassa and Tarapur.

KML is also in the process of setting up a manufacturing unit for PE-Aluminium composite pipes.

''The said unit is expected to commence its commercial production from last week of January 2008. And the new product shall also be sold under the brand name of "Kisan", a statement said.

The company is also consolidating its manufacturing activities at Mahagaon-Tarapur in different phases to achieve better economies of scale, it added.

UNI