AIA Engineering Limited Approves Its Brownfield Capacity Expansion of Grinding Media
May 25, 2022 at 10:09 am
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AIA Engineering Limited at its board meeting held on May 25, 2022 approved to go ahead with its Brownfield capacity expansion of Grinding Media. It plans to add 80,000 MT of capacity at an estimated capex of INR 2,000 million and commissioning by end of F.Y. 2024.
AIA Engineering Limited is engaged in the manufacturing of high chrome mill internals. The Company is engaged in manufacturing, designing, developing, installing, and servicing high chromium wear, corrosion, and abrasion-resistant castings. These products specifically serve the cement, mining, and thermal power-generating industries. The Company operating segment includes manufacturing of High Chrome Mill Internals (Castings) and all other activities are incidental thereto. It produces a range of high chrome mill internals, which are used as wear parts in the process of crushing/grinding in the cement, mining, utility, thermal power, and aggregate industries. It produces a range of high chrome mill internals, which are used as wear parts in the process of crushing/grinding in the cement, mining, utility, thermal power, and aggregate industries. Its services include mill audits, turnkey installation and commissioning projects, stock assessment and management, and performance monitoring.