Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • Nora AI
  • About Us
    • Our Coverage
    • Team
Press release

Atlas Copco to expand manufacturing in India with new factory in Pune

Atlas Copco

Nacka, Sweden, August 25, 2023: Atlas Copco Group has begun construction of a new manufacturing facility in Talegaon, Pune, India.

Atlas Copco's new factory in Talegaon will manufacture air and gas compressor systems for the local market, and for export. It encompasses a manufacturing plant and office building of approximately 25,000 m2. Atlas Copco is investing around MINR 1400 (approximately 180 MSEK).

The new facility is planned to be completed by Q2, 2024. It will generate additional employment for over 200 people and add production capacity.

"We invest further in capacity in India to cater to the growing demand of the Indian and export markets," said Vagner Rego, Business Area President, Compressor Technique. "This expansion project is part of our strategy to remain first in mind, first in choice for our customers. It will enable us to reach new customers and markets and improve lead times."

At the Talegaon facility, around 80% of the energy will come from solar panels and 75% of the water consumed will be derived from rainwater harvesting. The construction will be in line with the LEED (Leadership in Energy and Environmental Design) concept.

Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.