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What is Savkar Loan Proposal for Pune Project about?

SPCAPL is a new manufacturing venture established in 2009 that proposes to manufacture precision components and tool accessories for various industries. It plans to set up a new factory on a purchased plot of land in Ahmednagar to produce 5000 components annually. SPCAPL is seeking a term loan of Rs. 500 lacs and a working capital limit of Rs. 210 lacs from the bank. The company is part of a larger industrial group involved in forging and manufacturing operations.

Author

Ashish Khandelwal

Language

EN