Kolkata, APRIL 26:
Manufacturing firm Vesuvius India Ltd is planning to open a research and development (R&D) centre at Visakhapatnam soon.
“We are going to open an international R&D centre at Visakhapatnam in a 15-acre land,” Dr S.K. Gupta, Chairman, said at the company’s 21st Annual General Meeting here on Thursday.
According to him, the company has already made “full payment’’ for acquiring the land on a freehold basis from Andhra Pradesh Industrial Infrastructure Corporation to set up the R&D facility along with its fifth plant.
source: http://www.TheHinduBusinessLine.com / Companies / by Ayan Pramanik / Kolkata, April 26th, 2012