Current Date: 09 Jul, 2024

Pune Powers Ahead in Electric Vehicles: Noble Cast Invests in ₹24 Crore Component Production

Noble Cast Company Private Limited is embarking on an innovative venture with its Electric Vehicle Components Project in Chakan, Pune, Maharashtra. With an investment of 24 crores, this project underscores the company's commitment to the emerging electric vehicle (EV) market.

Situated in Chakan, Pune, the project benefits from its strategic location within one of India's leading automotive manufacturing hubs. This location provides access to skilled labor, supply chains, and technological expertise, positioning Noble Cast Company to capitalize on the growing demand for EV components.

The Electric Vehicle Components Project is designed to produce critical components for electric vehicles, such as motor housings, battery enclosures, and charging infrastructure. By leveraging advanced manufacturing technologies and engineering expertise, Noble Cast Company aims to deliver high-quality, reliable components that meet the stringent standards of the EV industry.

Sustainability is a key focus of the project, with Noble Cast Company implementing eco-friendly practices and energy-efficient manufacturing processes. The company is committed to minimizing its environmental footprint and contributing to the sustainability goals of the automotive sector.

Upon completion, the Electric Vehicle Components Project is expected to create job opportunities and drive economic growth in Chakan and the surrounding areas. It will also support India's transition towards cleaner and more sustainable transportation solutions, positioning Noble Cast Company as a key player in the EV ecosystem.

News by Rahul Yelligetti

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Source : Projxnews