Autoline Industries’ subsidiary -- Autoline Industrial Parks has received Letter of Intent from Collector, Pune valid for 2 years for commencing the development activities of the ‘Proposed Special Township Project’ of the Subsidiary Company spread in its 104 Acre land located at Mahalunge, Chakan, Pune.
The said approval was the prime and vital requirement to proceed further with the project. After receipt of this significant approval the Subsidiary Company is confident to commence the project development activities soon.
Autoline Industries is engaged in the manufacturing of various auto parts/sheet metal components for passenger cars, sports utility vehicles (SUV), commercial vehicles, two-wheelers, three-wheelers, tractors, etc. The company is also exporting auto parts i.e. brake shoes for Mercedes Benz trailers to Saudi Arabia, Dubai, etc.