Technocraft Industries India Ltd to invest about £10 Million over the next three years to Drive UK Expansion

Technocraft Industries (India) Limited, amongst India's leading Engineering Company announced its proposal to invest £10 million over the next three years as part of its expansion strategy in the United Kingdom.

The investment underscores the company's commitment to strengthening its UK presence and will result in the creation of 18 highly skilled engineering and technical jobs across the country.

Speaking on the announcement, Shri Navneet Kumar Saraf, CEO of Technocraft Industries (India) Limited said: "The UK represents a key growth market for us, and this investment highlights our confidence in its talent base and innovation ecosystem. By creating highly skilled engineering and technical roles, we aim to contribute to the UK's industrial capabilities while supporting our global growth ambitions."

The expansion is expected to support digital engineering services, enabling Technocraft to deliver innovative solutions to its UK and European customers.

This strategic investment reflects Technocraft's long-term vision of building sustainable growth while creating opportunities for local talent and strengthening partnerships with UK industry stakeholders.

Shares of Technocraft Industries (India) Limited was last trading in BSE at Rs. 2221.20 as compared to the previous close of Rs. 2203.65. The total number of shares traded during the day was 539 in over 161 trades.

The stock hit an intraday high of Rs. 2249.00 and intraday low of 2200.00. The net turnover during the day was Rs. 1199479.00.

Source : Equity Bulls

Keywords

TechnocraftIndustriesIndia INE545H01011 Investment UK