Bonfiglioli to invest Rs 85 cr to expand Indian operations
By EPR Magazine Editorial November 23, 2016 10:54 am IST
By EPR Magazine Editorial November 23, 2016 10:54 am IST
Italian firm Bonfiglioli plans to invest Rs 85 crore to improve its existing facilities in Chennai and construction of a new facility in Chakan area at Pune. The group has also announced expansion of its operations in the company headquarters in Bologna, Italy.
Expanding operations in IndiaThe current plants in Chennai, located at the SIDCO Industrial Area, Thirumudivakkam, and Mannur plant located near Sriperumbudur are highly integrated facilities that manufacture gearboxes and gearmotors for mobile machinery, wind turbines and industrial processes. The facilities also house an R&D centre, which develops products tailor-made for the Indian market.
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