Taural India, a leading integrated aluminum foundry, has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to expand its manufacturing operations in Supa, Ahilya Nagar. The MoU was formalized during the World Economic Forum in Davos, in the presence of Maharashtra Chief Minister Shri Devendra Fadnavis and senior government officials.
This expansion marks a significant milestone for Taural India’s journey in advanced manufacturing and aligns with Maharashtra’s goal of fostering industrial growth in Tier II regions while contributing to the state’s ambition of becoming a $1 trillion economy.
Key Highlights
- Investment Commitment:
- Taural India will invest ₹500 crore to develop its Supa facility.
- This initiative emphasizes the decentralization of industries and aims to empower Tier II and III regions.
- Expanded Facility:
- The new Supa facility will be four times larger than the company’s existing 300,000 sq. ft. plant in Pune.
- Capabilities include aluminum sand-casting solutions, machining, painting, assembly, and delivery.
- Sector Focus:
- Taural India will address growing demand from industries such as:
- Energy
- Defense
- Aerospace
- Marine
- Railways
- Healthcare
- Taural India will address growing demand from industries such as:
- Job Creation and Empowerment:
- The project is expected to generate employment opportunities and foster local talent development.
Leadership Vision
Bharat Gite, Managing Director and CEO of Taural India, expressed his excitement:
“This MoU is a major milestone for Taural India’s growth in advanced manufacturing. Our Supa facility expansion reflects our vision to decentralize industries, transform India’s manufacturing landscape, and promote self-reliance.”
He added that the company is committed to fostering innovation, sustainability, and empowerment to support India’s journey toward economic self-sufficiency.
Advanced Manufacturing Capabilities
Taural India is renowned for its high-precision aluminum components, offering lightweight, durable solutions that enhance performance and efficiency across applications. The company’s focus on innovation and sustainability includes:
- Cutting-edge machining and casting technologies.
- Stringent quality standards to meet global client expectations.
- Commitment to environmentally friendly practices in manufacturing.
Impact on Maharashtra and Beyond
This expansion reinforces Maharashtra’s position as a hub for industrial innovation while boosting self-sufficiency in key sectors. By establishing a larger footprint in Supa, Taural India is not only meeting the needs of its global clientele but also playing a critical role in advancing India’s industrial capabilities.
With its expertise in aluminum manufacturing and a focus on empowering local economies, Taural India is poised to drive India’s growth in high-value manufacturing sectors while contributing to the state’s and nation’s economic ambitions.