BIZ-SKIPPER-METZER

Skipper-Metzer JV plant starts operation
    Kolkata, Apr 30 (PTI) Skipper Ltd on Tuesday said it
has commissioned the JV plant with Israeli drip irrigation
company Metzer India LLP in Hyderabad.
    "The first phase of the project includes an investment
of Rs 20 crore, with a projected expenditure of Rs 130 crore
in a decade," a joint statement said here.
    The 2.50-acre facility has an annual manufacturing
capacity of 880 lakh meters per annum of various drip and
sprinkler irrigation products, it said.
    The plant is strategically located in Hyderabad to
serve the potential markets in India, the statement added. PTI
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