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JS Auto Cast Foundry to invest Rs 67.5 crore in capacity expansion in Tamil Nadu
Manufacturing - Dec 12,2024 -JS Auto Cast Foundry, a subsidiary of Bharat Forge, has proposed to invest Rs 67.5 crore in capacity expansion at its foundry unit in Perundurai near Erode in Tamil Nadu.
The investment will fuel the increase the production capacity of grey and SG iron castings by over 60 percent, which will be funded through internal accruals and debt.
To meet the rising demand for high-quality castings and meet both domestic and export requirements, the company is set to enhance the production capacity of its facility. The proposed expansion will increase the plant’s capacity from 72,000 tonne per annum to 1,16,000 tpa.
This will involve installing three additional induction furnaces, a sand plant, a sand cooler, two shot blasting machines, two nozzle blasting machines, a grit blasting machine and other equipment.
The project is expected to generate direct employment for approx. 200 persons, and provide indirect jobs for another 200 individuals.
JS Auto operates three facilities in Tamil Nadu - one at Perundurai, housing the main foundry operations; the second at Kuppepalayam, where machining and dispatch operations are conducted. The third is an SEZ unit, acquired from ISML in FY2023. The Perundurai unit is located at the SIPCOT Industrial Growth Centre in Erode.
The company, a manufacturer of raw and machined ductile iron castings for various international brands, has submitted a pre-feasibility report detailing its expansion plans while seeking environmental clearance (EC).
Bharat Forge
ISML
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