# KONE inaugurates elevator manufacturing facility in Chennai, India

KONE Elevator India inaugurated a new elevator manufacturing facility in SIPCOT Industrial Park, Sriperumbudur near Chennai, built at an investment of INR 450 crore, employing around 600 people.

- Type: New facility
- Announced: 2019-11-05
- Where: SIPCOT Industrial Park, Pillaipakkam, Sriperumbudur, Tamil Nadu, India
- Value: $63.0M (4.50B INR)
- Jobs: 600
- Starts operating: 5 Nov 2019
- Status: completed
- Capacity: 50,000 square metres
- Products: elevators
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [KONE](https://endata.com/companies/17797.md)

## Sources

- [kone.com](https://www.kone.com/en-in/newsroom/press-releases/kone-inaugurates-its-world-class-elevator-manufacturing-facility-in-india.html), 2019-11-04: "KONE India is now all set to ride on the wave of urbanization in the country with its new plant."
- [ndtvprofit.com](https://www.ndtvprofit.com/business/kone-inaugurates-new-rs-450-crore-manufacturing-facility-in-tn-10306112), 2019-11-05: "We are very pleased to inaugurate this state-of-the-art factory in India."

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