JS Auto Cast Foundry Expansion Plan : JS Auto Cast Foundry, a subsidiary of Bharat Forge, is set to invest Rs. 67.5 crore to expand its foundry in Perundurai, Erode, Tamil Nadu. This significant investment is designed to enhance the production capacity of grey and SG iron castings by over 60%, ensuring the company meets rising demand in domestic and international markets.
Key Highlights of the JS Auto Cast Foundry Expansion Plan.
Increased Production Capacity
The foundry’s production capacity will grow from 72,000 tonnes per year to 1,16,000 tonnes annually, driven by the installation of:
- Three new induction furnaces
- Advanced sand-handling systems
- Modern blasting machines
The project will be funded through a combination of internal accruals and debt, reflecting JS Auto’s financial strength and commitment to sustainable growth.
JS Auto Cast Foundry Expansion Plan Boost to Employment and Economic Growth
The expansion is expected to generate 200 direct jobs and an additional 200 indirect employment opportunities, contributing significantly to the local economy and industrial development in Tamil Nadu.
JS Auto Cast Foundry Expansion Plan Strategic Operations in Tamil Nadu
JS Auto operates across three key units in the state:
- Main Foundry (Perundurai): The hub of production and casting operations, located at SIPCOT Industrial Growth Centre.
- Machining and Dispatch Facility (Kuppepalayam): Focuses on final product preparation and logistics.
- SEZ Unit (Acquired in 2023): Strengthens its export capabilities and aligns with global market needs.
Commitment to Market Leadership and Innovation
JS Auto specialises in manufacturing raw and machined ductile iron castings for leading global brands. With its planned expansion, the company aims to:
- Address the rising demand for high-quality castings.
- Enhance its production efficiency through advanced technology.
- Boost its contribution to Tamil Nadu’s industrial ecosystem.
Environmental and Regulatory Compliance
A pre-feasibility report for the expansion has been submitted, and the company is in the process of seeking environmental clearance. This step underscores JS Auto’s adherence to regulatory standards and its commitment to sustainable operations.
Acquisition by Bharat Forge
JS Auto Cast Foundry became a fully owned subsidiary of Bharat Forge in 2022 through BF Industrial Solutions. This acquisition has bolstered JS Auto’s capabilities and positioned it as a key player in the global casting industry.
Supporting Tamil Nadu’s Industrial Growth
This expansion aligns with JS Auto’s strategic vision to:
- Cater to growing domestic and export demands.
- Strengthen local employment opportunities.
- Drive industrial development in the region.
FAQs About JS Auto Cast Foundry Expansion Plan
Q1: What is the total investment for this expansion?
The expansion will cost Rs. 67.5 crore, funded through internal accruals and debt.
Q2: How much will production capacity increase?
Production will rise from 72,000 tonnes to 1,16,000 tonnes annually, marking a 60% increase.
Q3: What new equipment will be installed?
The expansion involves:
- Three induction furnaces
- Sand-handling systems
- Blasting machines
Q4: How will this expansion impact employment?
The project will create 200 direct jobs and 200 indirect employment opportunities, boosting the local economy.
Q5: Is the project environmentally compliant?
Yes, JS Auto has submitted a pre-feasibility report and is seeking environmental clearance to ensure adherence to regulations.