Craftsman Automation Ltd. Company History and Annual Growth Details

The Company was incorporated as “Craftsman Automation Private Limited” on July 18, 1986, as a private limited company under the Companies Act 1956, pursuant to a certificate of incorporation granted by the Registrar of Companies, Chennai, Tamil Nadu. Pursuant to the conversion of the Company to a public limited company and as approved by the Shareholders pursuant to a resolution dated April 30, 2018, the name of the Company was changed to “Craftsman Automation Limited” and the RoC issued a fresh certificate of incorporation dated May 4, 2018.

Major events in the history of the Company :
1986
- The Company was incorporated as Craftsman Automation Private Limited

2001
- Commissioned aluminium foundry unit at Kurichi, Coimbatore

2005
- Commissioned a satellite unit in Pithampur
- Obtained ISO 9001: 2000 and ISO/TS 16949:2002 registration certification

2007
- Commissioned satellite unit in Chennai and Jamshedpur
- Commenced joint ventures with Carl Stahl and Mitsubishi
- Obtained “Star Export House” registration certificate

2008
- Incorporated the Subsidiaries i.e. Craftsman Europe B.V. (formerly known as Craftsman Marine B.V.) and Craftsman Automation Singapore Pte. Ltd.

2010
- Commissioned satellite units Sriperumpudur near Chennai

2011
- Commissioned satellite units in Pune and Faridabad

2012
- Set up storage solutions in Arasur, Coimbatore

2014
- Commissioned second satellite unit in Pune

2015
- Set up technology division in Bengaluru
- Commissioned aluminium sand foundry, HPDC and LPDC in Arasur, Coimbatore

2016
- Commissioned railway and camshaft business in Arasur, Coimbatore
- Commissioned HPDC facility at Bengaluru

2017
- Commissioned machining services in Bengaluru

2018
- The Company was converted into public limited company and the name of the Company was changed to “Craftsman Automation Limited”

2019
- Commissioned third satellite unit in Pune and second satellite units in Bengaluru and Faridabad
- Malumichampatti unit-5 shifted to Arasur unit-3

2020
- Initiated winding up process of the Subsidiary, Craftsman Automation Singapore Pte. Ltd.


2021-2023

-IPO launched in March
-Equity shares listed on BSE & NSE
-Acquired 76% of the equity share capital of DR Axion India Pvt Ltd

2024
-Craftsman Automation receives Entrepreneur & Leadership Award from JCB India at 2024

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