Schwing Stetter, the globally acclaimed German manufacturer of concrete machinery, has unveiled plans for an advanced international factory in Tamil Nadu. The facility will be strategically located in Cheyyar Sipcot, Tiruvannamalai district.
Spread across an anticipated 52 Acres site, it will feature a built-up area of approximately 2,47,000 SqFt. With an estimated investment of 600 INR-Crore, this ambitious project will generate employment for around 1,000 individuals. Moreover, it highlights the company’s unwavering dedication to growth and regional development.
Also Read: India’s Top Upcoming Mixed-Use Development Projects in 2024
Serving as a global manufacturing hub, this factory will elevate Schwing Stetter’s stature in India. It will also strengthen its leadership in the global concrete machinery market.
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Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, the image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
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