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PARI to set up automation city in Pune

Friday, 24 Aug 2007
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Pune-based Precision Automation Robotics India (PARI) is developing an automation city at a cost of Rs.260 crore at Dhangarwadi near Pune.

The proposed facility to be spread over 75 acres of land will have manufacturing, engineering, testing, assembly and training facilities along with housing and recreational facilities.

The automation city will also house its latest JV with the $300 million Valiant Machine and Tool of Canada. PARI have signed an MoU with Valiant for engineering, project management, after sales support and services, marketing and supporting procurement initiatives of Valiant in the Asia-Pacific region. The JV Valiant-PARI Production Systems will come into effect by March 2008 and will initially invest $1 million to create facilities on the 15 acres of land reserved at the automation city and PARI's other subsidiaries.

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