Danfoss breaks ground for new plant in Pune
CHENNAI: Global supplier of mobile and industrial hydraulics and electric powertrain systems Danfoss Power Solutions on Tuesday broke ground for a greenfield plant at Talegaon in Pune.
Established with an investment of more than Rs 1,000crore, the facility will double its manufacturing footprint in India. It is the company's seventh manufacturing facility in the country.
The new plant that would manufacture for India and global markets. It would enhance production capacity for its existing product lines such as pumps, motors, cylinders and valves, the company said in a statement.
While new product lines will be introduced, an application development centre to drive collaborative engineering with local customers will be set up. Construction of the Talegaon campus is scheduled for completion in the second half of 2026, it added.
Daniel Winter, president, Danfoss Power Solutions said, “India is poised for tremendous industrial growth, and our investment will increase Danfoss’ capacity to support such growth."
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The new plant that would manufacture for India and global markets. It would enhance production capacity for its existing product lines such as pumps, motors, cylinders and valves, the company said in a statement.
While new product lines will be introduced, an application development centre to drive collaborative engineering with local customers will be set up. Construction of the Talegaon campus is scheduled for completion in the second half of 2026, it added.
Daniel Winter, president, Danfoss Power Solutions said, “India is poised for tremendous industrial growth, and our investment will increase Danfoss’ capacity to support such growth."
Stay informed with the latest business news, updates on bank holidays and public holidays.
Decode charts & maximise your stock market earnings | Register Today!
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