City
Epaper

HellermannTyton Groundbreaking Ceremony for New Precision Manufacturing Facility in Chennai

By ANI | Updated: October 24, 2024 12:20 IST

BusinessWire IndiaChennai (Tamil Nadu) [India], October 24: HellermannTyton, a leading global manufacturer of cable management products, today held ...

Open in App

BusinessWire India

Chennai (Tamil Nadu) [India], October 24: HellermannTyton, a leading global manufacturer of cable management products, today held a groundbreaking ceremony for its new state-of-the-art manufacturing facility in Chennai, India. The facility, expected to be completed by Q3 2025 will significantly expand the company's production capacity in India and serve as a strategic hub for its operations in the Indian sub-continent.

HellermannTyton's investment in the new factory is a testament to its commitment to the Indian market, and its confidence in the country's growing manufacturing sector and is aligned with the Indian government's "Make In India" campaign. The facility will include advanced injection moulding technology, enabling the production of high-quality products that meet the stringent demands of various industries.

Alasdair Abercrombie-Barnett, President, Asia Pacific said, "I am delighted to have held the groundbreaking ceremony for our facility today. We see India as an engine for both domestic and international growth and plan to continue investing in this new location for us to support our customers and our internal capabilities. We see many of our customers growing heavily in India and others returning to India, so will be here to grow with them."

The new factory is expected to create approximately 100 jobs in the local community and contribute to the development of the region's manufacturing ecosystem.

(ADVERTORIAL DISCLAIMER: The above press release has been provided by BusinessWire India.will not be responsible in any way for the content of the same)

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

BusinessMahindra to acquire 58.96% stake in SML Isuzu for Rs 555 crore

NationalPak troops resort to unprovoked firing on J&K LoC, Indian Army retaliates

CricketChina serious about winning gold at LA Olympics: Former Australia captain Steve Waugh

BusinessCentre launches portal, guidelines for electronics component manufacturing scheme; aims for large investments

InternationalNorth Korea denounces Japan PM's offering to war shrine

Business Realted Stories

BusinessMillions benefited from Ayushman health cards, now is the time for Delhi: Hardeep Puri

BusinessViksit Bharat will be driven by start-ups and innovation: IIT Madras Director

BusinessIndia sees robust 10.35 pc annual growth in domestic airline passengers in FY25

BusinessSwiggi Instamart to create dedicated 'cooperative' category on its platform, signs MoU

BusinessIDFC FIRST Bank posts nearly 60 pc net profit loss at Rs 295.6 crore in Q4 FY25