# 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.

- Type: New facility
- Announced: 2021-09-15
- Where: Nagpur, Maharashtra, India
- Value: $15.5M (1.15B INR)
- Status: announced
- Capacity: 8% to 10% added to automotive powertrain capacity
- Products: automotive powertrain components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Craftsman Automation](https://endata.com/companies/8396.md)

## Sources

- [business-standard.com](https://www.business-standard.com/article/news-cm/craftsman-auto-board-oks-proposal-for-setting-up-new-plant-121091500715_1.html), 2021-09-15: "The company aims to complete phase 1 in 24 to 30 months with an investment of Rs 115 crore."

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