(20 second reading) Endurance Technologies announced that it will enhance its production for aluminium die casting and machining of automotive components with an investment of Rs.63.1 crore.
The upcoming expansion will see the installation of new high-end technology machines, primarily focusing on the production of machined clutch housing and transmission housing for four-wheelers, the company said.
These advancements will take place at the company’s existing manufacturing facilities at Chakan, Pune.
The shares gained nearly 3% on Thursday, April 18, after the announcement.