# Metso invests over USD 112 million in engineering hubs and production in India

Metso Corporation has reportedly invested more than USD 112.3 million in its engineering hubs and production in India, about USD 78.6 million of it for operations expansion in India, to meet global demand for industrial valves.

- Type: Investment
- Announced: 2019-03-11
- Where: India
- Value: $112.3M
- Status: announced
- Products: industrial valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Metso](https://endata.com/companies/240.md) (investor)

## Sources

- [blog.marketsandmarkets.com](https://blog.marketsandmarkets.com/metso-corporation-for-meeting-the-growing-global-demand-plans-to-increase-its-engineering-hubs-in-india-by-investing-more-than-usd-112-30-million/), 2019-03-11: "Recently, Metso Corporation has invested more than USD 112.30 million for the development of its engineering hubs in India and internationalize production plants to fulfill the increasing global demand for industrial valves."

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