Bonfiglioli Invests ₹ 320 Crores in India Expansion, strengthening Local Manufacturing and Innovation
Bonfiglioli Invests ₹ 320 Crores in India Expansion, strengthening Local Manufacturing and Innovation
Lays Foundation Stone for latest Indian Facility and Inaugurates Global Technology and Innovation Centre Chennai, India - October 17, 2024 - Bonfiglioli Transmissions Pvt Ltd, the Indian subsidiary of Bonfiglioli Group, global leader in power transmission and drive solutions, celebrated a significant milestone with the foundation stone laying ceremony for its new Industry and Automation facility in Cheyyar, Tamil Nadu, and the inauguration of its Technology and Innovation Hub in Chennai.
The 25-acre Cheyyar plant, scheduled to commence operations by 2025, reinforces Bonfiglioli ‘s commitment to the 'Make in India' initiative and solidifies its position as one of India's largest gearb...