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OUT OF BIFR, IFB TO INVEST Rs62 CRORE IN CAPACITY EXPANSION (plans to invest Rs52 crore for the expansion and modernisation of its washing machine plant in Goa).

India Business Insight

| July 31, 2010 | COPYRIGHT 2001 Silverline Information Systems Pvt. Ltd. (Hide copyright information)Copyright

IFB Industries has started posting profits and is out of the ambit of the Board for Industrial & Financial Reconstruction (BIFR).

The company plans to invest Rs52 crore for the expansion and modernisation of its washing machine plant in Goa.

The work will be completed by Oct 2010. IFB also proposes to …

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