Craftsman Automation board approves new automotive powertrain plant in Nagpur

The board of Craftsman Automation approved a new plant in Nagpur, Maharashtra, to add 8-10% powertrain capacity, with phase 1 costing Rs 115 crore over 24-30 months. Phase 2 is planned at Rs 110 crore over 24-48 months.

“The company aims to complete phase 1 in 24 to 30 months with an investment of Rs 115 crore.”business-standard.com

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• business-standard.comCraftsman Auto board OKs proposal for setting up new plantSep 15, 2021

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