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Aksh Optifibre plans new project in Kandla SEZ

Aksh Optifibre, largest manufacturer of optifibre in the country is planning to set up a green field project in Kandla port SEZ to save time and transportation cost for its exports. Currently, the company exports FRP rod to seven of the world largest optifibre manufacturers. The project will come up at an investment  of Rs. 60 million in the first phase and Rs. 80-100 million in the second phase. The new FRP unit will add another 33% to its existing production capacity and this new unit will become operational by May –June 2009.

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