Majestic Auto has shut down its ‘Electric Motor Division’ which was a part of its manufacturing business vertical at B-06, Ecotech-I Extension, Greater Noida. The company has shut the said unit due to lack of viable orders, Profitability & Capital Investment requirement for new technology.
Majestic Auto is engaged in the manufacturing of mufflers, fine blanking components, electricals, spokes, and two wheelers spare parts. The Company operates in four segments: Fine Blanking Components, Mufflers, Spokes and Electricals.
