Pitti Engineering

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.

Pitti Engineering bagged orders worth ₹500 crore from GE India for supply of traction motor related products for Indian Railways, to be supplied over 10 years.

Pitti Engineering plans to invest ₹90 crore over two years in the second phase expansion of its Aurangabad plant, increasing capacity from 26,000 tonnes of electric laminations and 36,000 hours of machining. The company also announced orders worth ₹500 crore from GE India.