Category: Industry Overview
Revathi Equipment Ltd, a drilling equipment company, has forayed into ready mix concrete business with commissioning of its plant in Gummidipoondi in Thiruvallur district of Tamil Nadu. It has built a plant with a capacity of 1500 transit mixers, 300 concrete pumps and 150 batching plants. It has signed technology agreements with German companies - Wiggert & Co for batching plants, Intermix for transit mixers and Weitzinger for concrete pumps & and truck mounted pumps. The project cost of the plant was Rs.300 million.