Industrial Machineryworld trade 2024+4.5% 5Y CAGR
Schwing Stetter inaugurates ₹300 crore manufacturing plant in Cheyyar, Tamil Nadu
Schwing Stetter India inaugurated a new IoT-enabled global manufacturing facility at Cheyyar, near Chennai, built with an investment of ₹300 crore on a 52-acre site. The plant will employ about 130 people initially and serve as a global hub for concrete pumps, mixers and excavators.
Capacity
pumps capacity up 50%, truck mounted boom pumps up four times, self-loading mixers up five times, hydraulic excavators 7,500 units per year
Productsconcrete boom pumpsstationary pumpsself-loading mixersshotcrete pumpsexcavatorswheel loadersmotor graderstruck mixersbatching plants
“The new facility, spread over 50,000 sq mtr build up area, has come up over a 52-acre site at an investment of ₹300 crore.”thehindubusinessline.com
- 2 sources
- thehindubusinessline.comSchwing Stetter commissions ₹300-cr factory near Chennai - The HinduBusinessLineFeb 13, 2021
- constrofacilitator.comSchwing Stetter - 5th manufacturing facility in Cheyyar Tamil NaduFeb 15, 2021
Summarized from public sources; check the original articles before acting on it.
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