Suprajit Engineering launches new technology centre

This is in line with the company’s ‘Made in India ‐ Made for the World’ campaign, aiming to become a global leader in manufactured proprietary parts.

The company has launched its new Suprajit Technology Centre (STC), located at 141, Jigani‐Bommasandra Link Road, Bengaluru. It expects to entirely relocate and house the existing technology centre from its corporate office in the next couple of months into the newly launched facility. 

In a filing with the exchange, the company said, “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 & development labs for mechanical, electronics and electromechanical products.  It will have full-fledged proto and small batch production facilities as well. This centre is housed on a 17,000 sq. ft facility in Jigani Industrial area.” 

This is in line with the company’s ‘Made in India ‐ Made for the World’ campaign, aiming to become a global leader in manufactured proprietary parts. It aims to satisfy the dynamic needs of its customers across diverse segments & geographies while simultaneously aiming to expand operations into new high growth areas. 

Suprajit Engineering promoted by Ajith Kumar Rai, started as a single product (cables) to TVS Motor in 1985. Over the years, Suprajit has emerged as the largest supplier (market share of approximately 65 per cent) of mechanical cables to the domestic 2W and passenger vehicle (PV) market with a rising revenue share from aftermarket & exports. 

The share price of Suprajit Engineering opened at Rs 337 per share during the early market hours on August 16, 2021.