March 26, 2026 08:34 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
PM Modi to chair meeting with CMs tomorrow amid West Asia conflict | ‘I said, no thanks’: Trump claims Iran offered him Supreme Leader role | Iran allows India, four other ‘friendly nations’ access to Strait of Hormuz amid West Asia conflict | 13 killed as bus, lorry collide and catch fire in Andhra Pradesh | Mamata unveils TMC candidate list for Bengal polls; to face Suvendu in Bhabanipur | ‘Not a one-day battle for me’: Mamata Banerjee on facing Suvendu Adhikari in Bhabanipur | Mamata vs Suvendu: Bhabanipur set for high-voltage showdown | Barbaric: India condemns Pakistani airstrike on Kabul hospital | Middle East conflict: Israel says it killed key Iranian commander during overnight strike | Middle East on edge: Kataeb Hezbollah commander Abu Ali al-Askari killed

Perto S.A. from Brazil inaugurates first overseas ATM manufacturing plant in Jaipur

| | Oct 20, 2016, at 01:08 am
Jaipur, Oct 19 (IBNS): Perto S.A., a leading manufacturer of ATM (automatic teller machines) and cash dispensing machines from Brazil, on Wednesday inaugurated its first overseas manufacturing plant at Mahindra World City Jaipur Ltd. (MWC Jaipur).


Spread across 26 acres of land in the Domestic Tariff Area (DTA) of MWC Jaipur, the greenfield plant will manufacture 500 ATMs in Phase I and 1500 ATMs on an annual basis at full capacity.

The new plant will commence operations with an initial investment of approximately Rs.  300 crores and is expected to provide employment to over 1,000 persons. 

With the establishment of its first state of the art facility outside Brazil, Perto joins the ranks of leading companies such as JCB, Gaston Energy and Mahindra Spares who have set up operations in MWC Jaipur to serve the fast growing Indian market.

Gajendra Singh Khimsar, Minister for Industries and Sports, Government of Rajasthan, was the Chief Guest at the inaugural event.

The project was first announced in February 2012 and after obtaining relevant approvals from the state government, MWC Jaipur and Perto India signed a lease agreement in October 2013 to set up the aforementioned plant.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm