Jyoti CNC Automation Limited has received approval for a capital investment proposal of ₹1,020.65 Crores over the next five years. This investment will expand its existing manufacturing facility in Rajkot, focusing on backward integration for electronic devices used in CNC machines. Under the Electronic Components Manufacturing Scheme, the company is eligible for a capex incentive of up to 25% on its investments.
Major Expansion Approved for Jyoti CNC Automation
Jyoti CNC Automation Limited announced today, August 17, 2026, that its significant capital investment proposal has received formal approval. The proposal, amounting to ₹1,020.65 Crores, is earmarked for its existing manufacturing facility located in Rajkot.
Focus on Capacity and Integration
This strategic investment aims to expand the company’s installed manufacturing capacity and establish a backward integrated facility. The new setup will focus on producing electronic devices crucial for the manufacturing of CNC Machines. This move is expected to enhance operational efficiencies and strengthen the company’s supply chain for key components.
Government Scheme Benefits
The approval comes under the Electronic Components Manufacturing Scheme (ECMS) of the Ministry of Electronics and Information Technology (Meity). Under this scheme, Jyoti CNC Automation Limited will be eligible for a capital expenditure (capex) incentive of up to 25% on its total investments. This incentive is subject to the stipulations outlined in the scheme and the approval letter issued by Meity.
Next Steps
The formal letter of approval from Meity was received today. This significant development will be presented to the company’s board of directors at their upcoming meeting for consideration and to decide on necessary actions.
Source: BSE
