Bonfiglioli invests Rs 320 crore for India expansion

Bonfiglioli Transmissions Pvt Ltd, the Indian subsidiary of Bonfiglioli Group, has invested Rs 320 crore in India expansion. 

The Indian subsidiary of Bonfiglioli Group, had 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, will create 150-200 job opportunities, and cater to growing domestic demand for heavy-duty industrial gearboxes. 

Bonfigliol’s latest investment is a strategic continuation of its previous year’s investment in Pune, expanding its manufacturing capabilities for light and medium duty industrial gear boxes.

Bonfiglioli ‘s new Global competence centre , The Bonfiglioli Technology Space in Chennai, represents another milestone in the global Bonfiglioli innovation ecosystem,  housing 180 engineers with diverse expertise. 

This cutting-edge facility will focus on research, development and technical support, integrating advanced technologies to create breakthrough solutions. The centre will also house testing laboratories that could be used to simulate real field working conditions.