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Pump maker Homa has invested EUR 7 million since 2024 in its Neunkirchen-Seelscheid site, including a DMG Mori machining centre that cuts machining time by 30%. The investment modernises motor and pump housing production.
EKKI group and German pump company Homa group signed an MoU for a joint venture to set up a pump manufacturing facility in Coimbatore, with Homa holding 50 percent. Homa plans to invest nearly Rs 150 crore, and the factory would create about 100 jobs.