Endurance Technologies Limited announced that the company has evaluated and approved capacity addition for aluminium die casting and machining of automotive components. New high-end technology machines shall be installed primarily for production of machined clutch housing and transmission housing for 4 wheelers at its existing manufacturing facilities situated at plot nos. B-1/2 and B-1/3 at Chakan, Dist.

Pune. Existing capacity: 584,000 casting parts per month. Existing capacity utilization: ~90%.

Proposed capacity addition: 8,300 casting parts per month. Capacity addition is expected to be completed in stages from October 2024 to June 2025. Investment required: INR 631 million.

Mode of financing: Internal accruals. Rationale: Orders won from a new customer.