Current Date: 09 Jul, 2024

SPM Techno-Mach Strengthens Mfg Capabilities with ₹8 Crore Project in Maharashtra

SPM Techno-Mach Private Limited is launching a new project to set up a machine tools facility in Turbhe, Thane, Maharashtra. With an investment of 8 crores, this initiative is set to occupy a 0.21-acre site, focusing on the production of precision machine tools necessary for various manufacturing industries.

The project aims to enhance the company’s manufacturing capabilities and increase its footprint in the industrial sector of Maharashtra. The facility will be equipped with state-of-the-art machinery and technology to produce high-quality machine tools, which are critical components for the automotive, aerospace, and engineering industries.

By establishing this plant, SPM Techno-Mach Private Limited is looking to tap into the growing demand for specialized machinery in India’s expanding manufacturing sector. The strategic location in Thane, close to major industrial and transport hubs, provides the perfect setting for efficient production and distribution.

This development is expected to create numerous job opportunities for the local community, contributing to economic growth and skill development in the region. SPM Techno-Mach is committed to implementing sustainable manufacturing practices to minimize environmental impact, reflecting the company's dedication to responsible industrial growth.

Upon completion, the Turbhe plant will not only bolster SPM Techno-Mach’s capacity to meet domestic demand but also enhance its capabilities to compete in the global market. This project represents a significant advancement in strengthening the industrial infrastructure and technological prowess of Maharashtra’s manufacturing sector.

News by Rahul Yelligetti

Source : Projxnews