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TVS Mobility and Palfinger to set up INR 350 crore manufacturing plant in Pune · Endata

◂ Announcements

Feb 23, 2026NEW FACILITYPune, Maharashtra, India

TVS Mobility and Palfinger to set up INR 350 crore manufacturing plant in Pune

TVS Mobility Group and Palfinger AG signed an MoU to jointly set up a manufacturing plant in Pune, Maharashtra, with an estimated investment of INR 350 crore. The plant will produce truck-mounted cranes and steel components, initially over 1,000 units annually, and is expected to be operational by 2027.

Value

$42.0M (3.50B INR)

Starts operating

2027

Status

Announced

Capacity

over 1,000 units annually

Productstruck-mounted cranessteel components

CompaniesPalfinger partner TVS Mobility partner

Sectors#Industrial Machinery #Material Handling

“The Pune plant will initially produce more than 1,000 units annually, focusing on truck-mounted cranes and related steel components.”biltraxmedia.com

1 source
biltraxmedia.comTVS & Palfinger to set up 350 Crore manufacturing plant in PuneSudarshan PatilFeb 23, 2026

Summarized from public sources; check the original articles before acting on it.

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TVS Mobility and PALFINGER sign MoU for manufacturing facility in Pune
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