W S Industries announced new unit

WS Industries India has announced plans for an expansion programme. It is planning to increase its capacity by 60 % by way of brown and green field units. A second manufacturing unit at cost of Rs 1000 million is set up to manufacture porcelain insulators. The company in alliance with global major PPC Insulators, from US and Europe and is being part funded by Schroder Credit Renaissance Fund Ltd. The new capacity is expected to become operational by April 2008.