TEAL Looks to Expand Aerospace Parts Manufacturing Footprint
Enthused by a burgeoning aerospace market in India and globally, TEAL (Titan Engineering and Automation Limited) is looking at expanding its aerospace components and sub-assemblies manufacturing shop floor at its sprawling facility in Hosur.
TEAL, a fully-owned subsidiary of Titan Company Limited, has already envisaged investing more than Rs 400 crore over the next 4-5 years towards expansion, covering its different verticals, including automation and manufacturing, which encompasses its aerospace components and sub-assemblies’ business.
TEAL to Put up a Plant in Chennai
Titan Engineering & Automation Ltd (TEAL), a 100 per cent subsidiary of Titan Company Ltd of the Tata Group company, is planning to put up a plant in Chennai, and expand its presence at Hosur.
“At Hosur, the company has three units and the fourth unit will come up in Chennai for electronics. We have identified the land, which will be a leased premise. It will manufacture electronics components, support and proximity to customers,” said NP Sridhar, MD & CEO, TEAL. “In Hosur, we have bought 10 acres for expansion,” he told businessline at the company’s plant in Hosur.
TEAL Lines up Rs 430 Crore Investment
Titan Engineering and Automation Limited (TEAL), a subsidiary of the Titan Group, has drawn up a Rs 430 crore investment plan to be pitched over five years, across its verticals - electronic components, aerospace, automation, and components for wafer fabs used in manufacturing semiconductors.
TEAL: The Titan B2B Company Enabling Automation Globally
While the Titan Company is well known in India as a watchmaker, with a story that goes back 40 years, its engineering business, its only B2B unit, is less well-known. That unit, Titan Engineering and Automation Limited (TEAL), counts some of the biggest auto companies, for example, in India and overseas as customers using its factory assembly line automation solutions.
TEAL to invest ₹430 Crore in Hosur
Titan Engineering & Automation Limited (TEAL) ), a wholly owned subsidiary of Titan Company Limited, will invest 430 crore at Hosur.
It is signing an MoU with the state government at GIM 2024. Of this, 200 crore would be for the wafer tab equipment manufacturing facility. Wafer tab is used for manufacturing semiconductors.
TEAL Expansion Plan at Hosur to Cost 430 Crore
Titan Engineering and Automation Ltd., (TEAL) a wholly owned subsidiary of Titan Co., has announced a ₹430-crore expansion plan at Hosur, including doubling the capacity of turnkey automation lines for assembly and testing electric vehicles.
“Currently, we are operating out of our own and leased premises spread over 1 lakh sq.ft. and 1.50 lakh sq.ft. respectively,” said its CEO N.P. Sridhar during an interaction.
From Watches to Aerospace: TEAL’s Journey to Global Precision Engineering
What started as an attempt to make machines to produce precision components for Titan watches in India in the early 1990s has now evolved into a global manufacturer of high precision components for aircraft. And almost any car on Indian roads also will have a part developed by Titan Engineering & Automation Limited (TEAL), a wholly owned subsidiary of Titan Company Limited.
It recently announced an investment of 430 crore at Hosur, where it was born as an in-house engineering team, three decades ago.
TEAL Plans 350–400 Crore Invest in 3 Years
Titan Engineering Automation Ltd, a wholly-owned subsidiary of Titan Company Ltd, and part of the Tata group, has set a capex target of ₹350–400 crore for three years. The allocation of funds is primarily intended to support advancements in both its automation and manufacturing business divisions, according to a top company executive.
The Role of AI and Machine Learning in Modern Industrial Automation
Industrial automation has come a long way, evolving from simple mechanized tasks to highly sophisticated systems. But what’s driving the next big leap? It’s the rise of Artificial Intelligence (AI) and Machine Learning (ML). These technologies are not just adding efficiency—they fundamentally change how industries operate. In this blog, we’ll explore how AI and ML are transforming industrial automation and making waves across various sectors.