JC Valves to set up Rs. 350 Crore casting unit:
Sharjah-Based Emirates Techno Casting(ETC) is planning to bring vacuum technology castings to India for the first time. The Rs. 600-cr ETC is setting up a manufacturing unit in Mahindra City, near Chennai, through JC Valves, a subsidiary of the Spain based JC Fabrica de valvulas sa (JCFF). For the year ending Dec 07, JC Valves turnover was over 50 million.
Mr. Faizal - President, who is also ETC founder president and CEO.

Dated: 14th Feb 08