Industrial Investment Opportunity, 41 acre land in Dombivli

BRIEF

This automotive establishment is a pioneering Indian automobile and engineering company with a legacy dating back to 1944. With a 41.09-acre freehold industrial property located in Dombivli, Mumbai, the company has played a foundational role in the Indian auto industry and remains a reputed name in CNC machinery and heavy engineering.

Key Highlights

  • Location: Dombivli, Mumbai​
  • Land Area: 41.09 Acres (166,238 sq. m.) – Freehold ownership​
  • Legacy: India’s first auto manufacturer with past collaborations with Chrysler, FIAT, Peugeot​
  • Core Operations:
    • ​CNC Machine Tools Division: Gear cutting machines, vertical turret lathes, and special-purpose machines for automotive and heavy engineering sectors​
    • ​Heavy Engineering Division: Key components for wind turbines, metro bogies, and power sectors; approved supplier to Delhi Metro Rail Corporation​

Products & Services

  • Precision CNC machinery – ISO 9001 certified since 1993​
  • ​Components for wind energy, rail, and defence​
  • ​Machining of metro bogie chassis, wind turbine parts, and custom equipment​
  • ​Clientele includes Tata Motors, Mahindra, Ashok Leyland, BHEL, L&T, Indian Railways, Defence, WindWorld, Gamesa, BEML, Hyundai, Alstom​

Additional Information

Value Proposition

  • ​Legacy brand with high recall and credibility​
  • ​Integrated, in-house engineering and manufacturing capabilities​
  • ​Strong export potential with positive client feedback​
  • ​IP assets and patented products​
  • ​ISO-certified quality systems​
  • ​Favorable tax position with ₹615.47 Cr in unabsorbed losses & depreciation​

Strategic Opportunity​

The asset offers strategic value for investors looking to:

  • Re-enter or expand operations in the automotive or heavy machinery segment​
  • Leverage a legacy brand with proven engineering capability​
  • Redevelop or repurpose a large industrial asset in a high-growth urban-industrial corridor​
  • ​Explore Make in India, Defence, and Railways opportunities

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