Archive · 26 Jun 2025
Sotefin Bharat Launches New Car Parking Plant in Bengal
Sotefin Bharat, a company that makes automated parking systems, opened a new factory in West Bengal, India.
They invested about Rs 40 crore in the plant, located in the Howrah district.
The plant is designed to build parking systems for over 10,000 cars each year.
The company also exports to the USA and Dubai and expects to create over 100 jobs.
The company has a large order to fill, which should help them grow a lot in the next few years.
Sotefin Bharat, a subsidiary of Sotefin SA, launched a new manufacturing facility in West Bengal.
The plant, located in Howrah district, represents a Rs 40 crore investment.
The facility is expected to support over 10,000 automated car parks annually.
Over 100 jobs are expected to be created when the plant is fully operational.
The company is exporting its systems to the USA and Dubai, with an order book of Rs 1,000 crore.
- Who
- Sotefin Bharat, the Indian subsidiary of Sotefin SA, launched the facility.
- What
- Sotefin Bharat inaugurated a new manufacturing facility for automated car parking systems.
- When
- The launch was announced on Thursday, June 26.
- Where
- The facility is located in Bagnan, Howrah district, West Bengal.
- Why
- To expand production capabilities and meet growing demand for automated car parking systems.
- Company
- Sotefin Bharat (subsidiary of Sotefin SA)
- Facility Location
- Bagnan, Howrah district, West Bengal
- Investment
- Rs 40 crore
- Projected Output
- 10,000+ automated car parks annually
- Job Creation
- Over 100 jobs expected
- Exports To
- USA and Dubai
- Order Book
- Rs 1,000 crore