TRUMPF to invest over four million Euro in production facility at Pune
January 10, 2024 3:10 pm
TRUMPF strengthens presence in India with a new production facility in pune, that will start production in 2024. Till Kueppers remarks, local presence gives us the opportunity to develop tailored solutions for the Indian market while leveraging global synergies.
TRUMPF, the high-tech company, extended its presence in India with a new manufacturing facility in Pune in the state of Maharashtra. It will invest more than four million Euro in the new production facility.
Till Kueppers, Chief Operating Officer at TRUMPF Machine Tools, Germany said, “India is developing strong and still has growth potential. The proximity to this emerging market allows us to produce more efficiently and respond more quickly to the needs of our customers. Furthermore, the local presence gives us the opportunity to develop tailored solutions for the Indian market while leveraging global synergies. In the long term, we want to supply other markets from India and expand our supply chain.”
Bending and cutting machines made in India
The factory will start with TruBend series 1000 Basic Edition bending machines and shall follow with TruLaser cutting series 1000 Basic Edition by 2025.
Pradeep Patil, Managing Director of TRUMPF in India said, “India’s dynamic landscape and forward-looking market presents a canvas for our company’s future growth story. This investment is the first step of our long-term growth strategy. Our customers will benefit not only from high-quality products but also from increased customer proximity and adaptability.”
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TRUMPF is also expanding with its support infrastructure, adding a showroom in Bengaluru and it is planned to be operational within this year. With a software R&D facility based in Chennai, TRUMPF is further able to offer comprehensive solutions to the customers.
To know more about TRUMPF visit www.trumpf.com