India's Malhotra Cables to build $10 mln manufacturing plant in Macedonia
15 December 2016, 08:52
Tags: cable plant
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India-based cable manufacturer for the automotive industry Malhotra Cables plans to build $10 milllion (9.3 million euro) manufacturing plant in Macedonia's capital Skopje, former Macedonian prime minister Nikola Gruevski said.
The new plant - the company's first in Europe - will spread on an area of 4,000 sq m, Gruevski said in a facebook post.
Construction works should be completed by the end of next year, he added.
Malhotra Cables' investment in Macedonia will open 100 new jobs.
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