π Tender Overview
Scope : Setting up a New Green Field Aluminium Products and Three Verticals Plant in RIICO Industrial Area Salarpur (Bhiwadi) in Rajasthan.
Craftsman Automation, a Coimbatore-based engineering and manufacturing company, is setting up a new green field plant in RIICO Industrial Area Salarpur (Bhiwadi) in Rajasthan.
The company plans to invest Rs 150 crore for the manufacture of Aluminium products in the first phase and other products from its three verticals in Phase 2, depending on the business requirements from time to time.
Craftsman Automationβs three verticals are automotive, powertrain & others, automotive-aluminium products, and Industrial and Engineering.
Facility at Bhiwadi is a strategic investment for it allows them to capitalise on the large and growing business opportunities in the North, largely owing to the Government clarion call for βMake in Indiaβ.
The greenfield unit, together with their unit at Faridabad, will allow them to service their customers better and faster, strengthen their presence in North India and emerge as a critical business driver over the coming years.