Autoline Industries’ subsidiary -- Autoline Industrial Parks has entered into an agreement on September 24, 2018 with Poddar Habitat, a subsidiary of Poddar Housing and Development (Poddar) to transfer a land parcel admeasuring approximately 102.50 Acers situated at Village - Mahalunge, Taluka-Chakan, District- Pune in phases along with trunk infrastructure facilities, on a deferred payment terms.
Poddar is proposing to build an affordable housing project on the said land parcel, having a potential development of more than 8 million square feet over a period of 8 to 10 years.
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.
