RSB Transmissions breaks ground for 180 crore facility Sri City
The Pune-based engineering firm RSB Transmissions hosted a ground-breaking ceremony on Thursday, marking the start of construction of its propeller shaft manufacturing facility in Sri City.
Tirupati: The Pune-based engineering firm RSB Transmissions hosted a ground-breaking ceremony on Thursday, marking the start of construction of its propeller shaft manufacturing facility in Sri City.
RSB Group Chairman R K Behera performed pooja and laid the foundation stone in the presence of a host of senior officials of RSB. Behera said that world class infrastructure and excellent logistics, coupled with locational advantage made them to prefer Sri City, which is on par with any other industrial park in the world.
He told that RSB is the market leader in supplying propeller shafts to leading OEMs, and Sri City plant will further boost RSB's market share. The plant, which will be built in the Domestic Tariff Zone (DTZ) at an investment of around Rs 180 crore, will be commissioned by January 2020.
The project would generate employment for about 200 people. The plant will manufacture propeller shafts used in the automobile industry. The RSB Group which is fast growing global engineering organisation has 13 manufacturing facilities spread over 9 locations in India and one in the USA.
The company caters to the requirements of Sri City based OEMs like Isuzu Motors and Kobelco, and others in the region like Ashok Leyland and Caterpillar. All RSB manufacturing units are ISO/ TS16949, ISO: 14001 and OHSAS: 18001 certified.