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Fanuc India procures land for CNC unit in Karnataka

Monday, 19 Nov 2018
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Fanuc India is planning to set up a computer numerical control (CNC) system packages manufacturing unit in Bengaluru, Karnataka. With an estimated investment of Rs 109 crore, the project will come up over three acre of land.

The recent updates shared with Projects Today uncovered that land has been acquired to set up the unit. However, Fanuc India was awaiting necessary clearances. Besides, financial closure was in progress.

The promoter is hopeful to commence work by March 2019. The machinery supplier was yet to be finalised. The project will create employment opportunities for 150 persons.

 
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