# Salzer Electronics sets up new manufacturing unit in Hosur, Tamil Nadu

Salzer Electronics is setting up a new manufacturing facility in Hosur, Tamil Nadu, at an initial investment of INR 15 crore. The first phase of commercial production is expected to commence in March 2023, producing wire harness and toroidal transformers.

- Type: New facility
- Announced: 2023-01-23
- Where: Hosur, Krishnagiri district, Tamil Nadu, India
- Value: $1.83M (150.0M INR)
- Starts operating: Mar 2023
- Status: under construction
- Products: wire harness, toroidal transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Salzer Electronics](https://endata.com/companies/35085.md)

## Sources

- [cnbctv18.com](https://www.cnbctv18.com/market/stocks/salzer-electronics-new-manufacturing-unit-hosur-tamil-nadu-15-crore-15740881.htm), 2023-01-23: "Salzer Electronics Ltd. on Monday gained over 6 percent after it announced that it was setting up a new manufacturing facility at Hosur in the Krishnagiri district of Tamil Nadu at an initial investment of Rs 15 crore."

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