Craftsman Automation Limited (NSEI:CRAFTSMAN) is looking for acquisitions. Srinivasan Ravi, Chairman and Managing Director said, "We are predominantly in the high pressure die casting and they're only in the gravity and low pressure die casting. So these are all synergies, which has helped us to shore up the aluminium segment.

We are looking at further acquisitions in the power train and in the aluminium segment also. But we are not open for any sort of JV where we'll be a minority or the technological transfer is not complete".