The biggest investment was made in a state-of-the-art production site, labs and warehouse in the existing speciality chemicals factory in Mysore. The facility was inaugurated in August and is owned by Klüber Lubrication India. It manufactures various specialty lubricating oils, greases, pastes, aerosols and release agents under the name of the Chem-Trend, OKS and Klüber Lubrication brands.

"These two major investments with a total amount of more than Rs. 290 crore in the past few years underscore our long-term commitment to India. Together with our partners, we will expand our presence and continue to invest in India", said Großmann.

On the basis of its current assessment, despite all the challenges faced, the Freudenberg Group in India expects growth in sales of between 7 and 10 percent above the previous year's figure.

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