# Schwing Stetter to build Rs 350 crore concrete equipment plant in Tamil Nadu

Schwing Stetter India announced a new 53-acre concrete equipment manufacturing facility in SIPCOT Industrial Area, Cheyyar, Tamil Nadu, with an investment of Rs 350 crore in two phases.

- Type: New facility
- Announced: 2018-09-12
- Where: Cheyyar, Tiruvannamalai District, Tamil Nadu, India
- Value: $50.0M (3.50B INR)
- Status: announced
- Capacity: 53 acres site
- Products: concrete equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Schwing Stetter India](https://endata.com/companies/3867.md)
- [Schwing GmbH](https://endata.com/companies/4103.md) (partner)

## Sources

- [economictimes.indiatimes.com](https://economictimes.indiatimes.com/industry/indl-goods/svs/engineering/schwing-stetter-to-set-up-new-facility-worth-rs-350-crores-in-tamil-nadu/articleshow/65785748.cms), 2018-09-12: "The company will be investing Rs 350 crores in two phases."
- [smestreet.in](https://smestreet.in/infocus/schwing-stetter-india-plans-to-set-up-manufacturing-facility-in-sipcot-tamil-nadu/), 2018-09-13: "SCHWING Stetter will be investing about 350 crores in two phases towards installing this technology-enabled and environmentally-sustainable manufacturing facility."
- [schwingstetterindia.com](http://www.schwingstetterindia.com/news/schwing-stetter-india-plans-massive-expansion-india-acquires-53-acres-its-new-facility-sipcot), 2018-10-26: "Schwing Stetter will be investing about 350 crores in two phases towards installing this technology-enabled and environmentally-sustainable manufacturing facility."

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