# Phillips Machine Tools to open new facility in Chakan, Pune

Phillips Machine Tools, Indian subsidiary of Phillips Corporation, plans to open a new 200,000 sq ft facility in Chakan, Pune, by January 2025 to produce high-end equipment like advanced five-axis machines, EDM and grinding machines.

- Type: New facility
- Announced: 2024-12-04
- Where: Chakan, Pune, India
- Starts operating: Jan 2025
- Status: announced
- Products: five-axis machines, EDM machines, grinding machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Phillips Machine Tools](https://endata.com/companies/74937.md)
- [Phillips Corporation](https://endata.com/companies/73885.md) (investor)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/incoming/phillips-machine-tools-a-subsidiary-of-phillips-corporation-aims-to-grow-in-india-expand-operations-and-enhance-manufacturing-capabilities/article68947007.ece), 2024-12-04: "This facility will enhance the production of high-end equipment, such as advanced five-axis machines, EDM and grinding machines, supporting sectors like aerospace, defence, testing and certification."

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