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Bharat Fritz Werner (BFW) announced a multi-phase expansion in Hosur, India, to increase annual machine tool capacity from 3,000 to 10,000 machines. The first phase is scheduled to be operational by Q1 FY2024, with completion by FY2025. Investment amount was not disclosed.
“As the company celebrates its 60th year, this scale-up charts an aggressive technology roadmap for us to become a leading advanced manufacturing technology partner globally.”thehindu.com
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