Suprajit Engineering stock rises over 2.5% after launching new Technology Centre

This centre with about 60 seats will further strengthen the current core teams with additional engineering resources.

Aug 16, 2021 03:08 IST India Infoline News Service

Suprajit Engineering has launched its new Suprajit Technology centre (STC) at 141, Jigani‐Bommasandra Link Road, Bangalore, on the auspicious 75th Independence Day of India. Suprajit will completely relocate and house the current STC from the Corporate office in the next couple of months into this significantly larger and comprehensive facility.

Ajith Rai, Founder and Chairman said ‐ “ We launched our ‘Made in India ‐ Made for the World’ campaign years ago to go global in our aspiration to be a leader in manufactured proprietary parts. This has met with considerable success. It’s now our aspiration to be able to also develop and commercialise world class products at our STC for the global markets in dynamically changing market scenarios. I am delighted that we have made good progress in this direction, already. The new STC will give a much needed fillip for this plan.”

N.S.Mohan, Managing Director and Group CEO, said  ‐  “A technologically advanced and a self reliant Suprajit is our dream. This Technology centre is a proof of our commitment towards realising this dream. Suprajit technology centre is ready to take on the technical challenges of our customers, both said and unsaid, to provide meaningful optimised solutions.”

This centre with about 60 seats will further strengthen the current core teams with additional engineering resources. It will house a complete range of test and development labs for Mechanical, Electronics and Electro-Mechanical products.  It will have a full-fledged proto and small batch production facilities, as well. This centre is housed on a 17000 Sq.ft facility in the Jigani Industrial area.

At around 3.24 pm, Suprajit was trading at Rs346 per piece up by 2.6% on Sensex. 

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