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Taural India signs MoU with Maharashtra to expand manufacturing operations in Supa

GenevaTimes by GenevaTimes
January 24, 2025
in Business
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Taural India signs MoU with Maharashtra to expand manufacturing operations in Supa
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Taural India, a leading world-class integrated aluminium foundry, and the Government of Maharashtra have signed a Memorandum of Understanding (MoU) to expand the company’s advanced manufacturing facility in Supa, Ahilya Nagar, Maharashtra.

The signing, held at the Maharashtra Pavilion during the World Economic Forum in Davos, was presided over by Maharashtra Chief Minister Shri Devendra Fadnavis and other senior government officials. This agreement underscores a bold step toward driving industrial growth and strengthening self-reliance in Tier II regions of Maharashtra.

“This MoU with a significant investment of ₹500 crore marks a defining moment for Taural India as we scale new heights in advanced manufacturing. The Supa plant expansion is not just about increasing capacity. It’s about taking a step forward in realizing our vision of decentralizing industries by empowering Tier II & III regions,” said Bharat Gite, MD and CEO, Taural India.

He added, “With our dedicated efforts, we are aiming to reshape India’s manufacturing future and contribute to Maharashtra’s vision of becoming a $1 trillion economy by leveraging innovation, empowering local talent, and driving self-reliance in critical industries.”

Taural India’s current plant spreads across 3,00,000 sq.ft. in Pune, offering one-stop aluminum sand-casting solutions right from product design to quality testing, painting, product construction, assembly, and delivery. The Supa facility will be four times bigger in size to meet the surging demand from customers across key sectors, including energy, defence, aerospace, marine, railways, healthcare and others.

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Published on January 24, 2025



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