# Kobelco invests Rs 75 crore in expansion of Chennai plant

Kobelco Construction Equipment India made investments of about Rs 75 crore last year for plant and machinery expansion at its Sri City facility near Chennai. The plant has an annual capacity of 3,500 units and exports 10-12% of its volume.

- Type: Investment
- Announced: 2024-08-12
- Where: Sri City, near Chennai, India
- Value: $9.00M (750.0M INR)
- Status: completed
- Capacity: 3,500 units per year
- Products: earth movers, cranes, excavators
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Kobelco Construction Equipment India Private Limited](https://endata.com/companies/18412.md)

## Sources

- [timesofindia.indiatimes.com](https://timesofindia.indiatimes.com/city/chennai/japanese-equipment-maker-expands-global-reach-from-chennai-plant/articleshow/112478312.cms), 2024-08-12: "Takemichi Hirakawa said Kobelco has made considerable investments of about Rs 75 crore last year for plant and machinery expansion of the plant."

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