Ceekay Daikin Ltd

Ceekay Daikin Ltd has informed that the Company has decided to diversify in manufacture clutches for Two Wheeler for motor cycle. The project will be set-up at existing unit at Greater Noida Plant. The total cost of the project is Rs 24 crores. The capacity will be 1 million clutches per annum. The commercial production is expected to start in October 2008.

Further the Company has also informed that the Company has also received approval as suppliers for Tata Motors Ltd for their small 1 lakh cars. Further Company is also developing clutch for two new models of Maruti Udyog Ltd.