Support: +91-22-61011756 / help@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

Craftsman Automation to set up new unit at Nagpur

Wednesday, 15 Sep 2021
Share this on :
The Board of Directors of Craftsman Automation has approved the proposal for setting up a new plant/unit at Nagpur, Maharashtra.
 
The automotive powertrain segment has an existing capacity of 74 lakh based on current product mix.
 
The existing capacity utilisation is 70 percent. The proposed capacity addition is in the range of eight to 10 percent based on current product mix. 
 
Phase-1 of the Automotive Powertrain project is expected to be completed by 24 to 30 months and Phase-2 which involves strategic expansion across auto segments of business viz, automotive powertrain, automotive aluminium would be completed in 24 to 48 months.
 
Phase-I of the project will entail an estimated investment of Rs 115 crore, while it will see an investment of Rs 110 crore. Ninety percent funding of the project will be done through term loan and balance through internal accruals.
 
The unit will be strategically located near the company's existing key customer in the auto sector. The project will ease the capacity in Pune plant (part of the existing capacity) and  take new business in Pune region.
 
Post Your Comments
 
 
   
 

 

 
  
Sign up to start your trial access

Are you...



REGISTER AND GET STARTER KIT ABSOLUTELY FREE!

Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

User login
Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services