Titan Engineering and Automation

Titan Engineering & Automation (TEAL) announced a ₹430 crore expansion at Hosur, including doubling capacity for turnkey automation lines for EV assembly and testing, a new facility for wafer fab equipment components (₹200 crore), and aerospace/defense production (₹120 crore).

Titan Engineering & Automation Limited (TEAL) will invest ₹430 crore ($52 million) in Hosur, India, including ₹200 crore for a wafer tab equipment manufacturing facility and ₹230 crore for automation and manufacturing services. The investment is expected to create 1,400 new jobs.

Titan Engineering and Automation Ltd. (TEAL), a subsidiary of Titan, will invest Rs 220 crore over five years to expand manufacturing of semiconductor wafer fabrication equipment at its facilities in Hosur, Tamil Nadu. The company expects production capacity to increase by 10 times.