Archive · 23 Jun 2025
Epiroc Plans ₹1,500 Crore Investment, Charts India Growth
Epiroc, a company that makes mining and infrastructure solutions, is investing a lot of money in India.
They plan to spend ₹500 crore by 2025 and a total of ₹1,500 crore by 2030.
This was announced during a meeting with the Minister for Large and Medium Industries.
Epiroc already has a big research and development presence in India, with a quarter of their global R&D happening there.
The Minister also talked to other companies, like Tetra Pak and SAAB, about working together and possibly expanding their businesses in the region.
These discussions focused on sustainability, innovation, and manufacturing, as well as expanding engineering and design operations.
Epiroc plans to invest ₹500 crore in India by 2025 and ₹1,000 crore by 2030.
The announcement was made during a Sweden roadshow led by the Minister for Large and Medium Industries.
Epiroc's India operations contribute 25% of its global R&D output.
Discussions were held with Tetra Pak regarding collaboration in sustainability, innovation, and manufacturing.
SAAB expressed intent to expand engineering and design operations in India.
- Who
- Epiroc, the Minister for Large and Medium Industries, Tetra Pak, and SAAB.
- What
- Epiroc announced investment plans for India and discussions were held with other companies regarding collaboration and expansion.
- When
- Announcements were made during a roadshow, with investment timelines through 2030.
- Where
- India, specifically Bengaluru for Epiroc's R&D.
- Why
- To expand business operations and explore collaborative opportunities.
- Company
- Epiroc
- Investment by 2025
- ₹500 crore
- Investment by 2030
- ₹1,000 crore
- Epiroc R&D Contribution
- 25% of global output
- Meeting with
- Tetra Pak, SAAB
- Focus of Discussions
- Sustainability, Innovation, and Manufacturing; Engineering and Design expansion