Archive · 7 Jun 2025
Festo Opens ₹500 Crore Manufacturing Plant in Hosur, India
Festo, a German company, has opened a new factory in Hosur, India!
They spent about 500 crore rupees to build it.
This factory will make special parts for machines that help things move automatically.
It's like making the parts that go into robots used in other factories.
The new factory is really big, covering 75 acres.
This new plant is going to create jobs for over 1,000 people.
Festo is also planning to build another factory in another area in India, which is good news for people looking for work.
Festo, a German firm, has inaugurated a new manufacturing plant in Hosur, Tamil Nadu.
The plant represents an investment of ₹500 crore and spans 75 acres.
The facility will focus on producing pneumatic automation components.
It's expected to create over 1,000 direct and indirect jobs initially.
Festo had committed to invest ₹520 crore in Krishnagiri for another facility during the Global Investors Meet 2024.
- Who
- Festo, a German firm.
- What
- Opened a manufacturing plant.
- When
- During the Global Investors Meet 2024.
- Where
- Hosur, Tamil Nadu, India.
- Why
- To expand local manufacturing and serve domestic and global markets.
- Company
- Festo
- Location
- Hosur, Tamil Nadu
- Investment
- ₹500 crore
- Products
- Pneumatic automation components
- Jobs Created
- Over 1,000
- Plant Size
- 75 acres
- Company Headquarters
- Germany