Bonfiglioli starts work for Rs 320 cr Tamil Nadu unit; to start ops by 2025

Quick Summary:

Bonfigliol’s latest investment is a strategic continuation of its previous year’s investment in pune, expanding its manufacturing capabilities for light and medium duty industrial gear boxes.

Our investment in cutting-edge technologies and talent strengthens our leadership position and contributes to India's industrial development.

Together, these initiatives will create significant employment opportunities and bolster our presence in the region, paving the way for sustained growth and increased local market competitiveness.Kennady V.

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Article Details

Category: BusinessFinance

Markets: IndiaOman

Topics: Investment Make in India Chennai Tamil Nadu Power sector

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-18 @ 13:29:38 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 350 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23116606

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