EKKI group and German Homa group plan pump factory in Coimbatore

EKKI group and German pump company Homa group signed an MoU for a joint venture to set up a pump manufacturing facility in Coimbatore, with Homa holding 50 percent. Homa plans to invest nearly Rs 150 crore, and the factory would create about 100 jobs.

“The German firm would be investing nearly Rs 150 crore as part of its expansion plans globally and a part of the amount would be invested in the unit.”india.com

• 1 source
• india.comGerman firm, EKKI group to set up factory in Coimbatore | India.comJan 24, 2019

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