Brahmanand Pipes, RM Drip subsidiary, executed MoU with Maharashtra government for ₹100 crore investment.
Proposed investment aims to expand manufacturing and operational capabilities in Nashik district.
MoU is non-binding, preliminary understanding subject to approvals and feasibility assessments.
Signed at Kumbha Udyog 2026 summit in presence of Chief Minister Devendra Fadnavis.