TIL revives INR 180Cr plan for second crane factory in Kharagpur

TIL Ltd revived its plan to set up a second factory in Kharagpur, West Bengal, to manufacture a new range of high tonnage mobile cranes. The project cost is INR 180 crore (including INR 50 crore land cost), and construction will begin soon, with financing from sale of land assets in Uttar Pradesh.

“TIL has revived the ₹180-crore plan (including ₹50 crore land cost) to set up a second factory at Kharagpur to manufacture a new range of high tonnage mobile cranes.”thehindubusinessline.com

• 1 source
• thehindubusinessline.comTIL revives expansion of crane project - The HinduBusinessLinePratim Ranjan BoseOct 8, 2018

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