# Pitti Engineering approves capacity expansion with INR 270 crore capex

Pitti Engineering Limited's board approved a plan to enhance sheet metal capacity from 36,000 MT to 46,000 MT and machining capacity from 247,600 hours to 405,600 hours, with a total capex of INR 270 crores, to be completed in 36 months.

- Type: Expansion
- Announced: 2019-12-31
- Where: India
- Value: $38.0M (2.70B INR)
- Starts operating: 2022
- Status: announced
- Capacity: sheet metal: 46,000 MT; machining: 405,600 hours
- Products: sheet metal components, machined components
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Pitti Engineering](https://endata.com/companies/44228.md)

## Sources

- [forum.valuepickr.com](https://forum.valuepickr.com/t/pitti-engineering-limited-is-it-on-an-inflection-point/48970), 2021-01-10: "the Board approved the expansion plan to enhance its installed capacity from the existing 36,000 MT to 46,000 MT for sheet metal components and from 247,600 hours to 405,600 hours for machining which will be completed in a span of 36 months with a total capex of INR 270 crores."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
