Friday, Apr 4 2025 | Time 14:05 Hrs(IST)
Business EconomyPosted at: Apr 3 2025 6:31PM


EBM-Papst invests Rs 340 cr in its new Chennai facility

Chennai, Apr 3 (UNI) Fans and motors manufacturer EBM-Papst on Thursday
held the groundbreaking for its new facility in Chennai coming up with an
investment of Rs 340 crore.
This is its third facility in India and the company plans to employ about 700 people.
The new facility will become operational by the end of next year (2026), Company
Managing Director Atul Tripathi told reporters here.
The company is strengthening its commitment in India and investing in the expansion
of its local production capacities. Due to its dynamic growth, India plays an important
role in ebm-papst's strategy for the Asia-Pacific, Middle East and Africa (APAC and
MEA) region.
As part of the planned production expansion, it has acquired a 57,600 sqm (14.2 acre)
land in Chennai. The first phase of the upcoming construction project comprises an area
of 23,000 sqm and an investment of 36 million euros (Rs 340 crore).
The production plant, which is expected to be completed by end-2026, will enable the
company to serve local customers in the APAC and MEA region quickly and flexibly,
as well as to offer customized solutions.
“This investment reflects our long-term vision for India,” Mr Atul said, adding, “by boosting
local production, we are not only catering to the growing demand of our Indian customers,
but also creating sustainable employment opportunities that contribute to the country’s
industrial development".
Once fully operational, the plant will employ around 700 people, he said.
UNI GV 1830
Tags: #EBM-Papst invests Rs 340 cr in its new Chennai facility
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