Hanung prepares new factory
March 20, 2007,
Nsez,Noida,India– Hanung Toys & Textiles Ltd. has embarked on a large-scale program that will expand its weaving, processing, and sewing capacities.
The manufacturer is investing $35 million in a new greenfield project about 160 miles west of Delhi . The new plant, slated to open by the end of April, will be equipped with the latest machinery from Japan , Switzerland , and Germany , according to Hanung. To meet sustainability standards, all manufacturing wastes will be recycled, the company said.
In the U.S. , Hanung sells to the mass market, specialty stores and department stores, with a concentration on the moderate segment. The company also sells into Canada , Mexico , Europe , Australia , New Zealand , South America , and Far East Asia.
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