Maxop Engineering buys majority stake in Faith Automation

Fairfax-backed Maxop Engineering has bought a majority stake in Pune-based Faith Automation Systems and Tooling, a design and engineering firm that automates production lines for vehicle manufacturers. The enterprise value is estimated at Rs 400-500 crore.

“Faith manages every stage of a project, from process planning and mechanical design through robot programming, system integration and on-site commissioning.”economictimes.indiatimes.com

• 1 source
• economictimes.indiatimes.comMaxop Engineering buys majority stake in Faith Automation - The Economic TimesNov 1, 2026

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