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Freudenberg Group to invest in a new facility in Chennai

By Swati Deshpande,

Added 23 May 2017

Technology Group continues to grow

In India, Freudenberg's 7 Business Groups generated sales of Rs. 1,483 crore, an improvement of 20 percent compared to the previous year. Employee numbers rose by 17 percent to 2,475 employees at around 50 locations in India - with six R&D centers and 14 production sites with state-of-the-art shop floors. This increase in sales and employees can be attributed to a large extent to the acquisition of Vibracoustic. The Business Group operates production, sales and service sites in India.

"In 2016, Freudenberg invested €8.6 million or Rs. 62 crore in India," said Georg Graf, Freudenberg Regional Representative India. "Investments were made across the board, at all Freudenberg Business Groups, in manufacturing and research facilities and equipment." Over the past five years Freudenberg has invested a total of Rs. 363 crore.

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