Craftsman Automation to set up new factory in Hosur

Craftsman Automation Limited

Craftsman Automation Ltd is investing Rs. 150 crore to establish a new manufacturing facility at SIPCOT Industrial Park, Shoolagiri, Hosur. The plant will boost production capacity by 15% within the next 9 to 12 months, optimizing efficiency while remaining close to major OEMs. Currently operating at 75% capacity, the company will finance 90% of the expansion through term loans, with the remainder from internal accruals.

Location:  Hosur Tamil Nadu

Estimated Value (Rs. Cr): 150

Sector: Automotive

Project Stage: Conceptual/Planning

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