Technocraft Industries (India) Limited at its board meeting held on May 29, 2023, approved the setting up of two new units in scaffolding division for manufacturing of Aluminum Formwork and Steel Formwork at Aurangabad, Maharashtra under the entity named Technocraft Formworks Private Limited. For manufacturing of Aluminum Extrusion at Aurangabad, Maharashtra under the entity named Technocraft Extrusions Private Limited.