Schwing Stetter signed an agreement with the Tamil Nadu Government through the Global Investors Meet in 2019 and has already invested 300 crores in this facility. The company will continue to invest in this facility in the next couple of years. Schwing Stetter currently has four factories located in Sriperumbadur, Tamil Nadu.
The new facility, built to be sustainable with a natural green cover, focuses on ensuring digitalisation of all equipments and production process with extensive usage of telematics, IoT and robotic machine learning. The new facility will also include a NABL Certified Quality Testing Lab and a custom bonded warehouse facility.
According to a company news release, the Global Manufacturing Hub also has space for creating future expansion and hydraulic excavator factory will be ready in the next three months to add a capacity of 7500 units per year.
Written from a company news release.