IMI Precision Engineering is expecting an over two-fold jump in its turnover in the next five years on the back of enhanced product and technical offerings, said a top company official.
The company, as part of its business expansion plans, on Thursday inaugurated its new 67,000 square foot facility at Noida, Uttar Pradesh, in which it has invested around Rs 50 crore.
This is IMI Precision Engineering's second largest manufacturing site in the Asia Pacific region and has been built to meet the demand for its branded products.
"We can double ourslef in three to five years time," IMI Precision Engineering- India Managing Director Kuldeep Bhan told
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)