Tata Metaliks Iron Pipe Project Likely To Start Production By 2009

Kolkata: Production from Tata Metaliks ductile iron pipe project being established at Kharagpur in joint venture with Kubota and Metal One of Japan is hoped to start by early 2009. The 1,10,000 tonnes per annum facility is being set up at an estimated investment of Rs 150 crore. While Tata Metaliks will hold 51 per cent of the equity stake in the joint venture, the overseas partners will hold the balance. The joint venture will be called Tata Metaliks Kubota Ductile Iron Pipes. The DI pipes manufactured by the company would be marketed in India under the Tata Kubota Pipes brand even as pipes sold in the export markets would be under the Kubota Pipes brand.