Archive · 18 Aug 2026
Jyoti CNC gets nod for Rs 1,021 crore electronics investment
Jyoti CNC is a company that makes big machines used in factories to cut and shape metal.
The Indian government has given the company permission to spend a lot of money — about 1,021 crore rupees — to make more machines.
The government will also help pay for up to 25 percent of the cost.
The company wants to build a new factory and make its own electronic parts, like the 'brains' of the machines.
Right now, it buys some of these parts from other companies.
Making them itself could save money and make the machines better.
The company's leader says the new parts could be ready to sell within two years.
The company is already doing well — it sold more machines this year than last year.
It also has many orders from customers, especially in aerospace and defence.
This news made the company's share price go up a little bit.
The Ministry of Electronics and Information Technology approved Jyoti CNC Automation's Rs 1,020.65 crore capital investment proposal under the Electronic Components Manufacturing Scheme on August 17.
The Rajkot-based machine tool maker will expand capacity and set up a backwards-integrated manufacturing facility for electronic devices used in building CNC machines.
The company is eligible for a capital expenditure incentive of up to 25% on the investment, subject to conditions in the approval letter.
Jyoti CNC plans in-house CNC controllers, drives and motors, with commercialisation of an in-house controller likely within two years.
Q1 FY27 consolidated revenue rose to Rs 508.5 crore from Rs 410.2 crore a year earlier, with consolidated PAT at Rs 57 crore and an order book of Rs 4,848 crore.
- Who
- Jyoti CNC Automation, a Rajkot-based machine tool maker led by chairman and managing director Parakramsinh Jadeja, and the Ministry of Electronics and Information Technology (MeitY).
- What
- Approval of a Rs 1,020.65 crore capital investment to expand capacity and build a backwards-integrated manufacturing facility for electronic components used in CNC machines, with up to 25% capex incentive.
- When
- Approval was communicated to the company on August 17, following plans outlined on the Q1 FY27 earnings call held on August 7; share price movement was noted on August 18, 2026.
- Where
- India; the company is based in Rajkot.
- Why
- To expand installed capacity and manufacture in-house electronic components such as CNC controllers, drives and motors for CNC machines.
- Company
- Jyoti CNC Automation
- Approved investment
- Rs 1,020.65 crore over five years
- Scheme
- Electronic Components Manufacturing Scheme
- Incentive
- Up to 25% capital expenditure incentive
- Approving ministry
- Ministry of Electronics and Information Technology (MeitY)
- Q1 FY27 revenue
- Rs 508.5 crore (consolidated)
- Order book
- Rs 4,848 crore
- Capacity expansion
- 10,000 machines annually, commissioning by end of September