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BRIEF-Jumbo Bag says reviewed setting up manufacturing unit at Peruvoyal village
March 30, 2017 / 6:36 AM / 5 months ago

BRIEF-Jumbo Bag says reviewed setting up manufacturing unit at Peruvoyal village

March 30 (Reuters) - Jumbo Bag Ltd

* Reviewed setting up manufacturing unit at Peruvoyal village in Tamil Nadu which will take over production outsourced to various satellite units

* Says proposed capacity of new unit is 250 MT per month

* Says investment required is INR 30 million

* Says mode of financing to be term loan

* Says proposed capacity expected to be added at new unit by may 2017 Source text - (bit.ly/2nxRUQL) Further company coverage:

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