# Schwing Stetter India signs MoU for new plant in Cheyyar

Schwing Stetter India signed an MoU with the Tamil Nadu Government to invest Rs 2.37 billion initially (scaling to Rs 3.50 billion over four years) in a new 53-acre plant in Cheyyar for producing concrete boom pumps, self-loading mixers, and XCMG road machinery, creating 200 jobs.

- Type: New facility
- Announced: 2019-01-23
- Where: Cheyyar, Tamil Nadu, India
- Value: $33.2M (2.37B INR)
- Jobs: 200
- Status: announced
- Products: truck-mounted concrete boom pumps, self-loading mixers, road machinery
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

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

## Sources

- [equipmentindia.com](https://equipmentindia.com/construction-machinery-news/top-equipment-news/webexclusive/Schwing-Stetter-India-signs-MoU-with-Tamil-Nadu-Government/114700), 2019-01-24: "The new unit is a step towards strengthening Schwing Stetter’s commitment to the Indian market and focus on to meet the emerging infrastructure boom in India and export potential in Asia and African 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.
