# Tata Hitachi to invest Rs 200 crore in FY'25

Tata Hitachi Construction Machinery announced it will invest Rs 200 crore in its two manufacturing plants in Kharagpur and Dharwad to boost quality, innovation, and localisation. The company aims to increase localisation to 70% over 2-3 years.

- Type: Investment
- Announced: 2024-07-02
- Where: Kharagpur, West Bengal; Dharwad, Karnataka, India
- Value: $24.0M (2.00B INR)
- Status: announced
- Products: excavators, dump trucks, construction machinery
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Tata Hitachi Construction Machinery](https://endata.com/companies/35241.md)

## Sources

- [theprint.in](https://theprint.in/economy/tata-hitachi-to-invest-rs-200cr-in-fy25-localisation-remains-top-priority/2157378/), 2024-07-02: "Tata Hitachi Construction Machinery on Tuesday announced that it would invest Rs 200 crore in its two manufacturing plants to stay ahead of the curve in quality, innovation and localisation."
- [projectstoday.com](https://www.projectstoday.com/News/Tata-Hitachi-to-invest-Rs-200-cr-in-FY25-localisation-as-focus), 2024-07-03: "Tata Hitachi Construction Machinery would invest Rs 200 crore in its two manufacturing plants which would elevate standards of quality, innovation and localisation."

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