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The German family-owned lubrication major Freudenberg will invest ₹135 crore for a new production unit for Chem-Trend and Klüber Lubrication in Mysuru.
“It is one of the largest investments in the Asia-Pacific region of the Freudenberg Group,” Jörg Matthias Grossmann, Regional Representative India, told reporters. “This is where more than 20 products will be developed and manufactured for the customers in the South-East Asia-Pacific region,” he added.
The site at Mysuru with a total area of 17,000 sq m also hosts product development facilities and major tribology testing facilities with equipment such as an FZG (gear research centre) test rig.
“This is the only one within Klüber outside Munich and the only one in India until now. At the start of the year, Freudenberg Sealing Technologies massively expanded its commitment in India,” said Grossmann.
The company has been involved with the Indian market through its joint venture Sigma Freudenberg NOK (SFN) in Mohali since 2001.
In February 2015, SFN opened a second, completely new factory in Basma near Mohali.
Grossmann said Freudenberg India in 2014 generated overall sales of ₹1,497 crore, 32.8 per cent higher compared with 2013. The company has 2,800 full-time associates at around 50 locations in India — with four R&D centres and 14 production sites with state-of-the-art shop-floors.
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