Danfoss plans to spend ₹500 crore over the next 12 to 20 months on localisation and capacity expansion across its six Indian factories, adding more than 500 people. The plan is part of its India growth strategy.

Danfoss India plans to invest ₹100 crore from January 2021 to expand production of power drives at its Oragadam factory in Chennai, adding about 300 jobs and expanding its drive range from one variant to six.

Pepperl+Fuchs plans to modernize its Chennai enclosure production facility in India, acquired in 2016 from Petroleum Safety Products Industries, as part of an investment project to expand it to global scale. The plant employs about 100 people.