Confidence Enterprises Pvt Ltd has started project work to manufacture High Pressure cylinder

Confidence Enterprises Pvt Ltd (100% subsidiary of Confidence Futuristic Energetech Limited which inturn is a subsidiary of Confidence Petroleum India Limited), has started project work to manufacture High Pressure cylinder (Oxygen, Industrial gases and CNG) at MIDC Umred near Nagpur looking towards the upcoming demand of high pressure oxygen and CNG cylinders.

This up-coming unit will have capacity to manufacture 3,60,000 cylinders per annum.

Source : Equity Bulls

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