In a strategic move to strengthen its foothold in Southern India’s automotive hub, Craftsman Automation Limited has announced plans to set up a new manufacturing facility at SIPCOT Industrial Park in Shoolagiri, Hosur. The investment of ₹150 crore will enhance the company’s aluminum product manufacturing capacity by 15%, catering to the growing demand from automotive original equipment manufacturers (OEMs) in the region.
Strategic Location to Strengthen OEM Partnerships
Positioned within 100-150 kilometers of key automotive OEMs, the new facility will enable Craftsman Automation to optimize logistics, reduce transportation costs, and enhance just-in-time delivery capabilities. This proximity ensures seamless coordination with major automakers, improving supply chain efficiency and responsiveness to customer demands.
The company’s existing plants in Southern India currently operate at an average capacity utilization of 75%, highlighting the need for additional infrastructure to accommodate increasing order volumes. By expanding its production footprint in Hosur, Craftsman Automation aims to enhance operational flexibility, minimize lead times, and strengthen relationships with both existing and new customers in the rapidly growing automotive sector.
Meeting Growing Demand in the Automotive Sector
With the automotive industry witnessing rising demand, particularly from two-wheeler and passenger vehicle manufacturers, Craftsman Automation’s expansion is set to reinforce its position as a key player in the components sector. The company is strategically aligning itself with industry trends, as the shift towards lightweight and fuel-efficient vehicles drives demand for advanced aluminum components.
The new facility will not only boost production capacity but also support the development of high-precision components that meet evolving regulatory and performance standards. By investing in cutting-edge manufacturing technology and leveraging its expertise, Craftsman Automation is well-positioned to cater to the increasing requirements of domestic and international OEMs. This expansion underscores the company’s commitment to long-term growth, innovation, and excellence in the automotive components industry.
