
Business Update17 May 2024, 01:28 am
Endurance Technologies Approves Rs. 4,009 million Greenfield Project for Machined Aluminium Die Casting
AI Summary
Endurance Technologies has announced the approval of a new greenfield project valued at Rs. 4,009 million. The project will establish a new facility in Aurangabad Industrial City, Maharashtra, India, for manufacturing machined aluminium die casting parts for automotive and non-automotive segments. The facility, expected to start production in Q1 of 2025-26, aims to produce 900 MT castings per month. The investment will be financed internally.
Key Highlights
- Endurance Technologies approves new greenfield project
- Rs. 4,009 million investment for new facility
- Production of machined aluminium die casting parts
- New facility in Aurangabad Industrial City
- Start of production in Q1 2025-26