Published On:May 23 2024
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Klüber Lubrication Announces ₹142 Crore Investment to Expand Presence in India

Klüber Lubrication Announces ₹142 Crore Investment to Expand Presence in India

Klüber Lubrication, a global leader in specialty lubricants, is set to expand its operations facility in Mysore, with the new plant expected to be fully operational by early 2027. The company has announced a ₹142 crore investment to enhance its presence in India and bolster domestic production under the "Make in India" initiative.

Currently, Klüber India's Mysore plant spans 17,000 sq m and produces top-tier specialty lubricants. The expansion will introduce a state-of-the-art production facility featuring technology tailored to the company's specialized needs.

As part of this investment, Klüber will achieve new certifications, including IATF for automotive customers and ISO 21469 for food-grade lubricants. The company also plans to enhance its R&D infrastructure and accelerate the market introduction of new products. These improvements aim to amplify operations, introduce high-value product lines, and facilitate the seamless relocation of global products to better serve clients.

Hitendra Bhargava, CEO and Regional Management Board Member Asia Pacific at Klüber Lubrication, stated, "By integrating a new production hall and world-class infrastructure, our goal is to offer state-of-the-art specialty products locally manufactured. This initiative aligns with the Atmanirbhar Bharat Abhiyan, supporting self-reliance in India. This investment enables us to be closer and faster to our customers not just in India, but throughout the APAC region."

The Mysore expansion also highlights Klüber Lubrication’s focus on sustainability. The facility will derive more than half of its energy from renewable sources, thanks to solar panels installed on the roof.

HBL





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