Freudenberg Expands Operations with New Manufacturing Plant in Punjab
By Staff Report October 15, 2024 6:10 pm IST
The new plant Inauguration is part of the company’s 175th Anniversary celebrations with over €42 million investment.
Germany-based global technology conglomerate, Freudenberg Group, inaugurated two advanced manufacturing facilities in Morinda, covering a total built-up area of 40,700 sq.m. These state-of-the-art plants are operated by Freudenberg-NOK India Pvt. Ltd. and Vibracoustic India. This will consolidate the company’s operations from its existing plants in Basma and Mohali, aimed at enhancing production efficiency and supporting Freudenberg’s long-term growth plans in India.
Freudenberg’s investment of over €42 million in the Morinda facility marks the company’s largest financial commitment in India to date. The new plants are equipped to serve both domestic and international markets, reinforcing Freudenberg’s dedication to India’s “Make in India” initiative. The facilities will cater to key sectors such as automotive and industrial manufacturing, ensuring the company remains competitive by optimizing material flows and leveraging modernized equipment.
Dr. Mohsen Sohi, CEO of Freudenberg Group remarked, “Our investment in the new facilities in Morinda reflects Freudenberg’s strong commitment to the Indian market and the ‘Make in India’ vision. This expansion not only aligns with our global growth strategy but also boosts our ability to serve customers with greater efficiency, innovation, and quality. As we celebrate 175 years of Freudenberg’s legacy of excellence, we are proud to further strengthen our presence in India.”Cookie Consent
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