# PALFINGER building new assembly plant in India with EUR 25M investment

PALFINGER AG is building a new assembly plant in India with an investment of more than EUR 25 million. The plant will employ around 180 people and focus on assembling loader cranes, hooklifts, and aerial work platforms, targeting EUR 300 million in revenue from the APAC region by 2030.

- Type: New facility
- Announced: 2025-03-07
- Where: India, India
- Value: $27.0M (25.0M EUR)
- Jobs: 180
- Status: announced
- Products: loader cranes, hooklifts, aerial work platforms
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Palfinger](https://endata.com/companies/17648.md)

## Sources

- [handling-network.com](https://www.handling-network.com/palfinger-records-second-best-financial-year-in-2024-and-gives-positive-outlook-for-2025/), 2025-03-07: "To strengthen market presence and customer loyalty in this region, a new assembly plant is being built in India, with an investment of more than EUR 25 million."

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