Ajanta is set to enter into power saving instrument manufacturing. The Morbi-based company, which has entered into a range of businesses comprising compact fluorescent lamps CFL, ceramics, snackfood and e-bikes, is now eyeing at launching range of power saving instruments for domestic use. Ajanta Manufacturing Ltd mulls to make an initial infusion of Rs 10 crore for the project. The company will use Korean technology to make the units. Ajanta is mulling to price the power saving instruments ranging from Rs 1000 to Rs 2200.
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