Borosil Redirects ₹42 Crore Bharuch Plant Investment To Subsidiary Borosil Scientific

Mumbai: Borosil Limited announced on Tuesday that its previously disclosed plan to set up a new glassware manufacturing facility in Bharuch, Gujarat, with an estimated capital expenditure of ₹42 crore, will now be executed by its subsidiary, Borosil Scientific Limited (BSL).Revised StrategyThe company's board reconsidered the initial proposal after reviewing its business environment and manufacturing strategy. The change means Borosil...