Aimtron Group establishes Rs 100-cr subsidiary in Guj

New Delhi: Aimtron Group, an electronics manufacturing services and original design manufacturing company, on Thursday announced the incorporation of its wholly-owned subsidiary Aimtron Mechatronics Pvt. Ltd. in Gujarat.

Aimtron's Board has committed Rs3 crore towards the subsidiary's share capital. It has raised Rs100 crore through the issuance of convertible warrants on a preferential basis, according to a company statement. The greenfield facility is expected to create 250-300 direct jobs in its initial phase, expanding to over 1,000 as operations scale.

Additionally, it is expected to generate 2,500 indirect jobs across its supply chain, logistics, and allied services. Aimtron Mechatronics will focus on providing end-to-end mechatronic solutions, addressing the growing demand in sectors such as electric vehicles (EVs), renewable power, defence, and drones.