Danfoss Power Solutions begins work on ₹1,000 cr manufacturing unit in Pune

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Danfoss Power Solutions begins work on ₹1,000 cr manufacturing unit in Pune - Business Standard

Quick Summary:

Danfoss Power Solutions, a global supplier of mobile and industrial hydraulics and electric powertrain systems, conducted a groundbreaking ceremony on Tuesday for the establishment of a state-of-the-art facility in Pune, with an investment of Rs 1,000 crore, the company said.

Spread across 44 acres, the proposed facility in Talegaon will enhance Danfoss' production capacity for existing products, including pumps, motors, cylinders, and valves.

This strategic investment will double the company's manufacturing footprint in India, driving innovation and supporting sustainability initiatives.