Kirloskar Ferrous Industries to expand its foundry at Solapur in Maharashtra with an investment of Rs. 950 million. The project involves modernizing the foundry by enhancing the production capacity of cast iron from 35,000 MT/Annum to 60,000 MT/Annum. The company is having 3X8T/hr capacity Cupola Furnaces, 3 X 3.5 T and 2X1T Induction Furnaces and four moulding lines for 35000 TPA castings. During expansion and modernization 3X8T/hr capacity Cupola Furnaces and 4 X 3 T Induction Furnaces will be installed and 2X1 T Induction Furnaces will be upgraded. One high pressure moulding line of 80moulds/hr and one flaskless moulding line will be installed.