Endurance Technologies completes consolidation of plant operations in Pune region

01 Jan 2018 Evaluate

Endurance Technologies has completed consolidation of plant operations in Pune region. As a result, the operations at company’s plant located at Takve, Taluka Vadgaon Maval, District Pune have been discontinued effective from January 1, 2018.

This consolidation exercise is expected to improve operating efficiencies of plants and shall prove beneficial in the long term as inter alia overhead costs will also reduce. The discontinuation of operations at Takve plant shall not result in any loss of turnover / revenue, as the manufacturing activities have been shifted to other plants in a phased manner.

Endurance Technologies manufactures aluminium casting (including alloy wheels), suspension, transmission and braking products. The company’s products include aluminium casting, which offers high pressure die castings, low pressure die castings, gravity die castings etc.

Endurance Tech Share Price

2425.60 53.30 (2.25%)
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