Schwing Stetter India plans ₹400 crore expansion with greenfield factory

Schwing Stetter India announced a ₹400 crore expansion including a new greenfield factory to manufacture XCMG loaders, motor graders, and concrete pumps, and a ₹100 crore investment in its Cheyyar factory.

“Schwing Stetter India is preparing to invest about ₹400 crore in a capacity expansion programme, which will also include setting up a greenfield unit”thehindubusinessline.com

• 1 source
• thehindubusinessline.comSchwing Stetter draws up ₹400 cr expansion, targets ₹5000 cr plus topline in 2023 - The HinduBusinessLineG BalachandarJun 21, 2023

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