# Hirschvogel Components invests ₹750 crore in Maharashtra expansion

Hirschvogel Components India announced an additional foreign direct investment of ₹750 crore (approximately $90 million) at its Sanaswadi plant in Maharashtra to increase manufacturing capacity for electric vehicle parts. The MoU was signed during WEF 2026 in Davos.

- Type: Investment
- Announced: 2026-01-24
- Where: Sanaswadi, Maharashtra, India
- Value: $90.0M (7.50B INR)
- Jobs: 1,000
- Status: announced
- Products: electric vehicle parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hirschvogel Components India](https://endata.com/companies/89868.md)

## Sources

- [tribuneindia.com](https://www.tribuneindia.com/news/business/from-davos-to-maharashtra-hirschvogels-investment-signals-manufacturing-confidence/), 2026-01-24: "Hirschvogel Components India Pvt. Ltd., a German automotive components manufacturing company operating at Sanaswadi, has taken an important decision to make an additional foreign direct investment of ₹750 crore in Maharashtra."
- [tribuneindia.com](https://www.tribuneindia.com/news/business/from-davos-to-maharashtra-hirschvogels-investment-signals-manufacturing-confidence-2-2/), 2026-01-24: "Company's ₹750 crore investment in Maharashtra; 1,000 new employment opportunities"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.