CRAFTSMAN (₹7010) Gears Up: New Faridabad Plant Operational! 🚀

Published: Aug 13, 2025 23:24

Hey investors! 👋 Big news from Craftsman Automation Limited (CRAFTSMAN) that could mean smoother operations ahead. The company has just announced a significant step in its growth strategy: the commencement of commercial operations at its brand-new plant in Faridabad, specifically Unit-3.

This isn’t just about adding new space; it’s a smart strategic move! Craftsman Automation is also consolidating its business operations. They’re shifting activities from their older Faridabad Unit-1 to the newly operational Unit-3 and existing Unit-2. Why the big shuffle? The company states the primary goal is to boost operational efficiency and trim down those overhead costs. Think of it as streamlining their production flow for better performance! 💡

This move follows an earlier intimation from May 2022, showing this has been a planned expansion. Bringing Unit-3 online and optimizing the Faridabad operations is a clear signal of Craftsman Automation’s commitment to enhancing its manufacturing capabilities and improving its bottom line. It’s all about working smarter, not just harder! 💪

source: Corporate Announcement

CRAFTSMAN (₹7010) Gears Up: New Faridabad Plant Operational! 🚀

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