Hunting and Jindal SAW to build $25M precision machine shop in Nashik

Hunting Energy Services and Jindal SAW announced a joint venture to build a premium OCTG threading facility in Nashik, India, with an initial investment of $20-25 million and annual capacity of 50,000 metric tonnes. The facility is expected to be operational by end of 2022.

“We are delighted to have entered this joint venture agreement with Jindal SAW Ltd, leveraging our excellent working relationship since 2019.”devdiscourse.com

• 1 source
• devdiscourse.comUS-based Hunting, Jindal SAW to invest USD 25 mn to set up precision machine shop in Nashik | BusinessPTIJan 19, 2022

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