• Contact Us
  • Privacy Policy
  • Disclaimer
Saturday, March 6, 2021
Vizag
  • Magazine
  • News
  • People
  • Food & Drink
  • Opinion
  • Entertainment
  • Lifestyle
  • More
    • Heritage
    • Travel
    • Beauty & Wellness
    • Behind The Name – Vizag
    • Buddhist Sites In Vizag
    • Places To See In Vizag
    • Religious Places
    • Beach in
    • Vintage Vizag
    • Visakhapatnam Pincode
    • Vizianagaram Pincode List
  • Join NowTelegram Channel
No Result
View All Result
  • Magazine
  • News
  • People
  • Food & Drink
  • Opinion
  • Entertainment
  • Lifestyle
  • More
    • Heritage
    • Travel
    • Beauty & Wellness
    • Behind The Name – Vizag
    • Buddhist Sites In Vizag
    • Places To See In Vizag
    • Religious Places
    • Beach in
    • Vintage Vizag
    • Visakhapatnam Pincode
    • Vizianagaram Pincode List
  • Join NowTelegram Channel
No Result
View All Result
Vizag
No Result
View All Result

Home » News/City Updates » Synergies manufacturing unit to be set up in Visakhapatnam

Synergies manufacturing unit to be set up in Visakhapatnam

3 years ago
in News/City Updates
Reading Time: 1min read
0
Visakhapatnam, Synergies

Visakhapatnam

Share on FacebookShare on TwitterShare on WhatsAppShare on TelegramShare on Email

Synergies Castings Limited, India’s leading aluminium alloy wheel manufacturer, has recently signed a MoU with Andhra Pradesh State Government. They are soon going to establish a major Greenfield aluminium casting, along with speciality alloy wheel, manufacturing facility in Visakhapatnam. This is expected to create approximately 2,000 new jobs in the city.

The manufacturing unit will have a capacity of an annual production of 2.4 million wheels per year. Along with machining, painting facilities and digital manufacturing technologies to offer its’ customers.

As reported by Deccan Chronicle, the project will be $100 million. It will be financed by one of the existing shareholders. Synergies Castings’new manufacturing unit, in Visakhapatnam, will be gearing up to meet the increasing demand of the market. They will be increasing their production capacity in the city to 5 million wheels in multiple phases. The agreement between Synergies Castings’, with Andhra Pradesh State Government, will set the stage for building one of the largest single location alloy wheel manufacturing projects.

Mr. Shekhar Movva, President, Synergies Castings commented, “As customer requirements become exceedingly more stringent, and the consequent need to invest in substantial CapEx for sophisticated production, testing, and development facilities, it is important to scale up and tech-up to remain competitive.  While we have evaluated several manufacturing location options in the country, we believe that Vizag, and the terms of engagement with the State of Andhra Pradesh, offer the best opportunity to be the most competitive manufacturer of alloy wheels in the country.”

Share115Tweet21SendShareSend

Discussion about this post

Popular Posts

  • Top 8 Malayalam movies on Amazon Prime Video you must watch

    8 brilliant Malayalam movies you must watch on Amazon Prime Video

    10369 shares
    Share 4147 Tweet 2592
  • Bigg Boss 4 Telugu: Voting numbers of contestants nominated for elimination in fourth week

    5268 shares
    Share 2107 Tweet 1317
  • Former TTD head priest Srinivasa Deekshitulu passes away due to COVID-19

    4746 shares
    Share 1898 Tweet 1187
  • 10 Indian web series on Amazon Prime, Netflix and other OTTs that you must watch

    4502 shares
    Share 1810 Tweet 1122
  • 5 Halloween movies and series on Netflix that promise a thrilling October

    3784 shares
    Share 1513 Tweet 946
Vizag

With a distinction of being the oldest lifestyle magazine in Andhra Pradesh, Yo! Vizag has been catering engaging content to its readers for the past 10 years. From covering various happenings in the city to providing entertaining content, we keep our followers hooked day in and day out. Stay tuned to Yo! Vizag to get your daily capsule of news and entertainment.

  • Contact Us
  • Privacy Policy
  • Disclaimer

Recent Posts

Contestants from Vizag who stole the show at Indian Idol

Contestants from Vizag who stole the show at Indian Idol

by Team Yo! Vizag
03/03/2021
0

...

Environmentalists in Vizag stall film shoot at Erra Matii Dibbalu

Environmentalists in Vizag stall film shoot at Erra Matti Dibbalu

by Team Yo! Vizag
03/03/2021 - Updated on 04/03/2021
0

...

Womens cricket in Vizag looks to hit a purple patch

Women’s cricket in Vizag sets sight on the national dream

by Team Yo! Vizag
03/03/2021
0

...

Follow us on Instagram

  • List of Covid-19 vaccination centres in Vizag district.
.
.
.
.
.
.
.
.
.
#covid19 #coronavirus #covid #covidvacccine #fightcovid19 #coronavirusvacccine #covaxin #covishield #vizag #visakhapatnam #andhrapradesh #yovizag
  • Vizag ranked 15th on the Ease of Living Index for citizens with a more than a million population.  Bengaluru tops the list.
.
.
.
.
.
.
.
#easeofliving #easeoflivingindex #easeoflivingindex2020 #vizag #visakhapatnam #vizagcity #vizagdiaries #livablecities #andhrapradesh #livability #indiancities #india #yovizag
  • Here
  • Vizag lo anthe....😎
.
.
.
.
.
.
.
.
.
.
.
.
#memes #memesdaily #instamemes #memesdaily #memestagram #memeforlife #memeoftheday #todaysmeme #vizag #visakhapatnam #vizagcity #vizagmemes #cheems #cheemsmeme #murimixture #localfood #foodies #vizagfoodies #foodiesofinstagram #pizza #burger #yovizag
  • Every time
Every freakin
  • PM Narendra Modi, on Monday, received his first dose of the COVID-19 vaccine at AIIMS.  Taking to social media, he has appealed to all those who are eligible to take the vaccine.  #narendramodi #covid19 #covidvacccine #aiims #indianvaccine #coronavirusvacccine #covid19 #coronavacccine #coronavirus #primeminister #pmmodi #india #nationalnews #yovizag
  • Vizag and its cosmo vibe ❤️
.
.
.
.
.
.
.
.
.
#cosmocity #cosmopolis #cosmopolitan #unityindiversity #mutlicultural #peacefulcity #lovemycity #lovevizag #vizag #visakhapatnamdiaries #vizagcity #vizagdiaries #andhrapradesh #rajasthan #earthenware #cookware #streetstories #streetstory #beachroad #streetlife #people #yovizag
  • The golden hour in Vizag captured beautifully by @sashankpixels 🌅
.
.
.
.
.
.
.
.
#vizag #visakhapatnam #thegoldenhour #vizagbeach #beachphotography #mood #lovethebeach #sunbythesea #yovizag
  • A video showing a bunch of fishermen, with a dead whale, in Vizag has gone viral on social media. Here

© 2020 DSA Media Publications - Brewed with ♥ by ideafirst

No Result
View All Result
  • Magazine
  • News
  • People
  • Food & Drink
  • Opinion
  • Entertainment
  • Lifestyle
  • More
    • Heritage
    • Travel
    • Beauty & Wellness
    • Behind The Name – Vizag
    • Buddhist Sites In Vizag
    • Places To See In Vizag
    • Religious Places
    • Beach in
    • Vintage Vizag
    • Visakhapatnam Pincode
    • Vizianagaram Pincode List
  • Join Now

© 2019 DSA Media Publications - Website created by ideafirst.