Business Details

An Engineering Company located at SIPCOT Industrial Complex, Ranipet, Vellore Dist. T.N (120 km from Chennai towards Bangalore) is for sale. The company has most modern and advanced manufacturing facilities. The administrative office of the company is located at Ayanavaram, Chennai. It is an ISO 9001: 2008 Certified Company. Total factory area: 2 Acres (8100 sq. mtrs). The land is leased from SIPCOT for 99 years is one time renewable for another 99 year. The company currently employs 15 company staff and about 70 workers (on contract basis). Ranipet has about 500 small scale engineering units catering mainly to BHEL, Ranipet, probably the second largest fabrication cluster in India. Asking Price: Rs. 11 CR.