# 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.

- Type: New facility
- Announced: 2019-01-24
- Where: Coimbatore, India
- Value: $21.7M (1.50B INR)
- Jobs: 100
- Status: announced
- Products: pump systems
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [EKKI Group](https://endata.com/companies/658.md) (partner)
- [Homa group](https://endata.com/companies/4512.md) (partner)

## Sources

- [india.com](https://www.india.com/news/german-firm-ekki-group-to-set-up-factory-in-coimbatore-3541121/), 2019-01-24: "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."

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