Maiden Forgings buys 4 acres land for its consolidation and expansion plan, targets to begin operations by October this year
Apr 02, 2024
New Delhi [India], April 2: Maiden Forgings Limited, based out of Delhi, NCR recently signed an agreement in the last week of March 2024 and made payment for the acquisition of new land at another location in Ghaziabad. The land is almost double the size of its existing facilities spanning approximately around 4 acres. The company targets to consolidate two of its existing facilities into one as well as purchase some new machinery immediately for capacity enhancement. Currently, the company has plants located at three locations in Ghaziabad city.