SANY India, the construction machinery maker, will make an investment of Rs 1,000 crore to augment production capacity at its Pune facility in Maharashtra.
The company produces a range of construction equipment for earth moving, mining, roads and highways, hoisting solution (cranes) and concrete equipment at its only plant in Pune.
The facility is spread across 80 acre with a manufacturing capacity of 6,000 machines. The money will be invested to scale up its construction machinery production capacity in India to 25,000 units.
The investment will be done in a phased manner over the next five years. The money will be spent on expansion of products like excavators, concrete equipment, cranes, road machinery, piling machinery and so on.