Article: India: Gujarat Foils to invest in backward integration.

Gandhinagar based Gujarat Foils Ltd (GFL), the aluminium rolled products manufacturer, proposes to set up a backward integration project with an investment of Rs 350 crore.

According to sources, the investment will be met through debt and equity in the proportion of 70:30, for which it is talking with private equity players to meet the fund requirement.

The proposed facility ...

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