PCB | October 05, 2006
Aspocomp sets up a plant in India
Aspocomp will invest $100 million to set up a new PCB manufacturing plant in Sriperumbudur, India.
Aspocomp will also invest another $100 million in India in the second phase, provided everything progressed according its plans and projections. The Sriperumbudur PCB plant is expected to be the largest Aspocomp plant globally. Of the $100 million, 80 % of the investment would go for building machinery and 20 % for working capital and start-up cost. The plant will employe up to 1,500 people in the first phase.