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Marquardt has officially opened a new mechatronic systems plant in Talegaon near Pune, India, replacing its Mumbai site. The investment in buildings, machinery and equipment exceeds 180 crore rupees, and around 300 new jobs are expected by 2030.
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.
