Exide to invest Rs 35cr for second smelter in country
New Delhi, May 29 (UNI) Exide Industries Ltd today said it will invest Rs 35 crores to set up a second smelter in the country.
'' The company is in discussions with local smelters,'' it said in a statement.
In October, Exide Industries had bought lead smelter Tandon Metals Pvt Ltd to access recycled raw materials and cut dependance on high-cost imported lead.
UNI AK SG AS1759
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