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Marquardt India plans to set up an all-new manufacturing plant on the outskirts of Pune, aiming to start production in the run-up to CY2020. No investment value was stated.
Marquardt India plans to move its R&D operations into a bigger Pune facility with labs and prototyping, and to grow engineering headcount from 250 to 500 within about two years. The land for the new facility has already been bought.
