Pitti Engineering Limited planning to set up Truck Frames Project in Maharashtra

Pitti Engineering Limited intends to open a new truck frame manufacturing facility in Aurangabad, Maharashtra. The project is anticipated to be finished in 2025, with a capacity of 14 truck frames per year. The project is part of Pitti Engineering Limited's aims to increase production capacity and meet the country's expanding demand for truck frames. In addition, the business is establishing a new truck frame manufacturing in Hosur, Tamil Nadu. Pitti Engineering Limited will benefit from the new facility in Aurangabad as it strives to become a market leader in truck frames. Over 500 people will be employed as a result of this project. 

The total cost of the project is 270 crores. Here are some of the key details of the project: Location: Aurangabad, Maharashtra Production capacity: 14 truck frames per annum Employment generation: Over 500 people Completion: 2025 The project is a welcome addition to the automotive industry in Maharashtra. It is expected to help the state achieve its goal of becoming a leading hub for the manufacture of automotive components. Here are some of the benefits of the project: 

It will create employment opportunities for over 500 people. It will boost the economy of the region and contribute to its overall development. It will help the state achieve its goal of becoming a leading hub for the manufacture of automotive components. It will help to reduce the country's dependence on imports of truck frames. It will help to improve the quality of life of the people in the region.

As of September 2023, The project is currently in the stage of being approved currently awaiting approval from the government.

News by Rahul Yeligetti