KOEL to invest Rs 100 crore
Pune-based manufacturer of engines and gensets Kirloskar Oil Engines (KOEL) is investing Rs 100 crore this year in technology and plant upgradation, and is working towards becoming a complete solutions provider in the agriculture space. ?We want to develop end products for agriculture and bigger (high Horse Power) engines and gen-sets, and we will invest for this,? RR Deshpande, Executive Director, said. KOEL already supplies engines for a host of agricultural equipment, and plans to move to the next step of making the complete product, he explains.