• Download mobile app
17 Apr 2024, Edition - 3200, Wednesday

Trending Now

  • IPL 2024 begins with a bang. First contest between CSK and RCB.
  • Election commission allots mike symbol to Naam Thamizhar Katchi
  • AIADMK promises to urge for AIIMS in Coimbatore, in its election manifesto.
  • Ponmudi becomes higher education minister.

Coimbatore

L&T exits from Coimbatore-based Salzer

Covai Post Network

Share

Larsen & Toubro (L&T) has exited from its investment in the city-based Salzer Electronics Ltd., and the divestment was concluded last week.

“Our exit from Salzer is part of a regular treasury transaction. We shall continue with our business relationship as usual,” Senior Vice-President and the Head of L&T Electrical & Automation, S. C. Bhargava said today.

L &T’s business relationship with Salzer started in 1993 for marketing, sales and distribution of rotary switches and cable ducts, Bhargava said.

Subscribe To Our Newsletter

COIMBATORE WEATHER