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AJAX Engineering Earmarks INR 100 CR To Build A New Manufacturing Facility And A Design Centre In Karnataka

AJAX expands its footprint to meet the growing demand from diversified construction segments namely roads, railways, energy and irrigation.

13 January 2021: AJAX Engineering, the world’s largest manufacturer of SLCMs has recently earmarked INR 100 crores for the allotment of 20 acres of land in Bangalore from Karnataka Industrial Areas Development Board (KIADB), as well as, for building a new manufacturing facility. 

This investment was done to expand its robust business operations to meet the demands of the construction industry in the future. The new factory will be equipped with the state-of-the-art facilities to design and manufacture the recently introduced products, such as concrete Slip-Form Pavers, Boom Pumps and the Self-Propelled Boom Pumps. The annual production capacity for Boom Pumps and concrete Slip-Form Pavers would be 100+ units and 50+ units respectively.

A further investment of INR 40 crores is being done at Gowribidanur plant to expand its existing facility that produces batching plants and transit mixers.

Speaking about the investment & expansion plans, Mr. Jagadish Bhat, MD & CEO, AJAX Engineering, “With our indigenously manufactured product portfolio and engineering expertise, we have been catering to the Indian as well as the global market requirements. We are positive that this investment will further strengthen the ‘Atmanirbhar Bharat’ initiative and create employment opportunities for talented youth of the country.”

AJAX has strategically aligned its product portfolio in line with the Indian government’s ‘Make in India; Make for the World’ programme by offering state-of-the-art machines, equipped with top-class technology manufactured at its Bangalore plant for the complete bandwidth of construction infrastructure segments.


 



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