- Business
- Mega Corporation Limited (BSE: MEGACOR.BO) engages primarily in the manufacturing and distribution of industrial machinery and components, offering a diverse portfolio of products including heavy-duty hydraulic presses, precision CNC machining centers, automated assembly lines, and custom-engineered material handling systems; its services encompass engineering design consultations, after-sales maintenance contracts, spare parts supply, and turnkey project installations for manufacturing facilities. The company serves key industries such as automotive, aerospace, heavy engineering, and consumer goods production, with primary target customers including large-scale OEMs, mid-sized fabricators, and export-oriented units in emerging markets. Founded in 1995 and headquartered in Mumbai, India, Mega Corporation Limited operates manufacturing plants across Maharashtra, Gujarat, and Tamil Nadu, with sales and service networks extending to Southeast Asia, the Middle East, and Africa. In late 2024, the company completed a strategic acquisition of a regional competitor's automation division to bolster its robotics integration capabilities; it also secured a INR 500 crore funding round from institutional investors to fuel capacity expansion and R&D in sustainable manufacturing technologies. Additionally, Mega Corporation Limited launched its flagship "MegaSmart" AI-enabled predictive maintenance platform in early 2025, marking its entry into Industry 4.0 solutions, and formed a joint venture partnership with a leading German engineering firm for co-developing next-generation electric vehicle assembly systems.