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Home > News > GTSL to pump Rs 6 cr in expansion, R&D

July 29th, 2007

GTSL to pump Rs 6 cr in expansion, R&D

Abstract:
City-based, Goldstone Teleservices Ltd (GTSL), a part of the diversified Goldstone Group, has announced an estimated investment of Rs six crore in 2007-08.

An investment of Rs three crore would be to expand the production of its insulator division, and another Rs three crore for R&D in Nanotechnology, a release said here on Sunday.

The capital expenditure and the investment in R&D will be met through internal accruals, the Board of the GTSL decided at a meeting here.

Source:
economictimes.indiatimes.com

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