Patil Automation Expands with New Facility to Boost Production
Patil Automation Limited expands its production capabilities with a new manufacturing facility in Maval, Maharashtra, investing ₹55 crore. The facility, aimed to meet rising automation demands, will create 200 jobs and significantly increase output, aligning with the company's growth and innovation strategies.
- Country:
- India
Patil Automation Limited (NSE: PATILAUTOM) has unveiled plans for a new manufacturing facility in Sadumbre, Maval, Maharashtra, marking a pivotal development in its growth strategy. The state-of-the-art facility spans approximately 1,09,450 square feet and is poised to enhance the company's production of advanced automation systems.
With a substantial investment of ₹55 crore, the facility will bolster Patil Automation's capacity by increasing its annual output from 2,304 to 3,454 units. This expansion will also offer employment to around 200 skilled and semi-skilled individuals, contributing significantly to the engineering and manufacturing sectors in the region.
Located near existing units in Maval, the new facility ensures streamlined operations and efficient resource sharing. Mr. Manoj Patil, MD of Patil Automation, emphasized the importance of this expansion in meeting the escalating demand for automation, further establishing the company as a competitive partner in modernizing industrial operations.
(With inputs from agencies.)
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