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Kent RO to Invest Rs. 150 Crore in a New Manufacturing Plant at Noida

  • Uttar Pradesh, September 18, 2018: Kent RO Systems, a healthcare products firm, is planning to set up a second manufacturing plant at Noida at an investment of more than ?150 crore. The facility will be ready in 4-5 years.

    “Our next expansion would happen 4-5 years later,” said Mahesh Gupta, chairman and managing director. “We have already purchased land in the same place,” he said, adding that the first plant at Noida is set for formal inauguration on September 24.

    Addressing the media at the south India launch of four new RO water purifiers, in Hyderabad on Monday, he said Kent RO Systems had established the Noida plant at an investment of ?150 crore as the Roorkee, Uttarakhand plant had attained full capacity.

    With the Noida plant, the total capacity for water purifiers would cross 10 lakh units. The investment in the second plant at Noida would be in the range of ?150-?200 crore. “We have already signed an MoU with the U.P. government to invest ?200 crore,” Mr. Gupta added.

    SOURCE: THE HINDU