MoneyWorks4Me

Endurance Technologies to set up greenfield project at Aurangabad Industrial City

17 May 2024 Evaluate

Endurance Technologies is planning to set up a greenfield project to manufacture machined aluminium die casting components on its land parcel of around 11 acre situated at Aurangabad Industrial City (AURIC), Chh. Sambhajinagar (previously Aurangabad). 

The manufacturing facility shall produce aluminum die casting parts for automotive (ICE and EV) and non-automotive segments, with value added processes like machining, assemblies, friction stir welding and surface treatments. The start of production is envisaged in Q1 of financial year 2025-26. Further expansion to reach above capacity is expected to be completed in stages by March, 2028. Investment required for the said project is around Rs 400.9 crore. 

Endurance Technologies is among one of the largest auto-components companies in India.


Peers
Company Name CMP
SamvardhanaMotherson 164.15
Tube Investments 2592.00
Bosch 47778.95
UNO Minda 1236.65
Bombay Burmah Trdg. 1459.90
View more..