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Craftsman Automation gets nod to set up new unit in Coimbatore

30 Oct 2023 Evaluate

Craftsman Automation has received approval for setting up of a new plant/unit at Kothavadi, Coimbatore. The Board of Directors of the Company at their meeting held on October 30, 2023 has approved the same. Investment required for Phase 1 is Rs 102.5 crore, while for Phase 2 is Rs 106 crore (Estimated). 

Craftsman Automation is a diversified engineering company engaged in: (a) Automotive - Powertrain and Others, (b) Automotive - Aluminium Products, and (c) Industrial and Engineering segments.

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