Schaeffler India to build greenfield transmission plant in Hosur, Tamil Nadu

Schaeffler India signed an MoU with Tamil Nadu's investment agency Guidance to invest over INR 300 crore in a new greenfield plant in Hosur over four years. The plant will manufacture transmission components for conventional and electric vehicles and is expected to employ 300 people.

“invest over INR 300 crore in the next four years to set up a new Greenfield manufacturing facility in Hosur”mobilityoutlook.com

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• mobilityoutlook.comSchaeffler India Focussed On Innovation To Drive Future Business - Mobility OutlookDec 29, 2021

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