India’s Skipper and Israel’s Metzerplas form JV for drip irrigation1 min read . Updated: 01 Mar 2018, 02:15 AM IST
The production facility of Skipper-Metzerplas India Llp will be set up inside Skipper's Hyderabad factory
Kolkata: Plastic water pipe manufacturer Skipper Ltd on Wednesday announced that it had formed a 50-50 joint venture (JV) with Metzerplas Co-operative Agricultural Organisation Ltd, an Israeli enterprise, to provide drip irrigation facilities.
The production facility of Skipper-Metzerplas India Llp will be set up inside Skipper’s Hyderabad factory.
The first phase will entail an investment of $8 million, said Devesh Bansal, a director at Skipper. The Israeli firm will provide technical know-how for the project, he added.