Mumbai, Dec. 16 -- J K Phillips LLP, a 50:50 Joint Venture between Jaykay Enterprises and Phillips Machine Tools India (a subsidiary of Phillips Corporation, USA), has received an Order/Letter of Acceptance (LOA) from Ircon Internationalfor a contract value of Rs. 162.25 crore (including GST). The scope of work includes- design, supply, installation, commissioning, & training of various types of CNC Machines for MSME Training Centers located at various locations on turnkey basis (GE-Package-1)

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