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Anubhav Fabricators acquiring land for heavy machinery unit at Sangli

Monday, 23 Jan 2023
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Anubhav Fabricators is in the process to acquire land to set up a new heavy machinery manufacturing unit at Chincholi in the Sangli district of Maharashtra.

The proposed unit will span over 3.95 acres of land parcel. The contractor and machinery suppliers are yet to finalised, and the project will also create employment for 108 persons.

The company will finance around Rs 28.12 crore through a bank loan, and the remaining Rs 28.12 crore will be funded through other sources.

As per the updates available with Projects Today, Anubhav Fabricators expects to commence work on the project by May 2023.

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