Norton Abrasives inaugurates its Paper Maker Plant in Bengaluru to manufacture paper based abrasive products

Grindwell Norton Ltd., (GNO) the oldest and the largest Abrasive manufacturer in India and part of the Saint-Gobain Group, commissioned its Paper Maker manufacturing plant in Bengaluru Under Atmanirbhar Bharat, the Paper Maker plant's manufacturing capabilities presents a huge opportunity to introduce "Make in India" products that are innovative and have cutting edge technology.

Mr. Hari Singudasu - Vice President of Abrasives (Grindwell Norton Ltd.), Saint-Gobain said, "This plant will cater to emerging high growth needs in construction, furniture and automotive industries. The plant will enable us to provide solutions for high growth market in India, Middle East and ASEAN."

This state-of-the-art plant is equipped with IOT enabled control systems to ensure minimum wastage levels, reduce CO2 emissions, by incorporating Regenerative Thermal Oxidizer and recover heat, improve fuel efficiency, and consistency. As a first, it employs women technicians in the operating team, trained in safety, quality, and operational excellence.

Shares of Grindwell Norton Limited was last trading in BSE at Rs. 1803.70 as compared to the previous close of Rs. 1826.50. The total number of shares traded during the day was 2458 in over 756 trades.

The stock hit an intraday high of Rs. 1849.45 and intraday low of 1797.00. The net turnover during the day was Rs. 4490630.00.

Source : Equity Bulls

Keywords

GrindwellNorton INE536A01023 PaperMaker ManufacturingPlant Bengaluru NortonAbrasives