Apex Engineers has announced a major investment of ₹113 crore for a new plastic moulded parts manufacturing project in the Chakan Phase-II Industrial Area of Pune. The state-of-the-art facility will span 0.89 acres and is set to significantly enhance the company’s production capabilities.
The new plant will specialize in the production of high-quality plastic moulded parts, catering to a diverse range of industries including automotive, consumer goods, and industrial sectors. With advanced machinery and technology, the facility aims to deliver precision-engineered components that meet the highest standards of quality and performance.
Construction is expected to commence shortly, with the project slated for completion within the next 24 months. The expansion will not only increase Apex Engineers’ production capacity but also create numerous job opportunities in the region, supporting local employment and economic growth.
This investment is a strategic move by Apex Engineers to strengthen its market position and address the growing demand for plastic moulded components. By leveraging cutting-edge technology and efficient manufacturing processes, the company aims to enhance its competitiveness in the global market.
The new facility will bolster Apex Engineers' ability to serve its expanding customer base, reinforcing its commitment to innovation and excellence in the plastic manufacturing industry.
News by Rahul Yelligetti