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Craftsman Automation establishes new alloy wheel plant in Rajasthan
Automotive Industries - Feb 14,2025 -Craftsman Automation has successfully established a greenfield alloy wheel manufacturing unit in Salarpur Bhiwadi industrial area in Rajasthan.
The project was part of the investment agreements made during the ‘Rising Rajasthan Global Investment Summit,’ held in Jaipur in December, 2024.
The company had initially approached the Rajasthan State Industrial Development and Investment Corporation (RIICO) for a land parcel in January 2023.
Within just a month, the request was processed, and construction began in February 2024.
Though production launch was planned for April 2025, the expedited approvals allowed the company to ship its first batch in August 2024, eight months ahead of schedule.
The new plant represents an initial capital investment of Rs 150 crore and currently employs around 200 people.
The employment scale is expected to increase after the second phase of the project is operationalized in the next six to eight months.
Company : Craftsman AutomationRajasthan State Industrial Development and Investment Corporation
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