# LiuGong India plans Rs 250 crore investment to make India a global sourcing hub

LiuGong India, a subsidiary of Guangxi LiuGong, announced plans to invest Rs 250 crore to strengthen operations and make India a second global sourcing hub after China. Hydraulic excavators and compactors will be exported from India to the Middle East, Africa and SAARC countries.

- Type: Investment
- Announced: 2018-11-04
- Where: Pitampura, Madhya Pradesh, India
- Value: $35.0M (2.50B INR)
- Status: announced
- Products: hydraulic excavators, compactors, pay loaders
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [LiuGong India](https://endata.com/companies/28814.md)
- [Guangxi LiuGong](https://endata.com/companies/28815.md) (partner)

## Sources

- [m.economictimes.com](https://m.economictimes.com/industry/indl-goods/svs/construction/liugong-india-to-invest-rs-250cr-make-india-sourcing-hub/articleshow/66499336.cms), 2018-11-04: "We are committed to make in India. Planning to make India as a second global sourcing hub after China for some products for certain international markets."

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