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RINL to produce rail wagon wheels from Rae Bareilly

RINL is setting up an manufacturing facility in Rae Bareilly in Uttar Pradesh with an investment of Rs. 10000 million. The company plans to use 38 acres of the existing rail coach factory and is setting up a rail wagon wheel factory. Currently, India imports 70% of its requirement through imports. The input for the wheels will come from its Vizag steel plant through its caster which can produce 500 dia rounds. The investment for the project will be met from internal accruals and debt

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