SECTOR
Kranti Industries executes MoU with Universal Autofoundry
Oct-20-2025

Kranti Industries has executed a Memorandum of Understanding (MoU) with Universal Autofoundry (UFL), on October 18, 2025. Under the said MoU, UFL has agreed to lease its machine shop facility located at Sargoth, Sikar District, Rajasthan, together with associated plant and machinery, to Kranti Industries. Currently, UFL has machine shops at two locations, under this arrangement, UFL will bring both machine shops at one location i.e. at their Unit 3 plant located at Sargoth, Sikar District, Rajasthan. Kranti will operate and manage this consolidated machine shop, focusing exclusively on machining casting components manufactured by UFL.

The objective of this collaboration is to leverage UFL’s core foundry capabilities and the company’s precision machining expertise to enhance productivity, quality, and operational efficiency, creating long-term business value for both companies. The MoU will be effective from January 01, 2026 and will remain valid for a period of 7 years, with an initial lock-in period of 3 years, subject to execution of the definitive agreements between the parties.

Kranti Industries is engaged in the business of manufacturing and supplying of precision machined components. With an operating history of more than two decades, it is primarily known for range of automotive component and non-automotive (off highway) components.

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