CapEx News
Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers
Premium workspace solutions provider, Haworth will strengthen its presence in India with the ground breaking of its factory in Sriperumbudur, Tamil Nadu. The company will invest USD eight to USD 10 million in the new facility, which will be adjacent to the present facility at the industrial city
The new plant will double the space of its current plant totalling to 1,13,000 sq. ft., aligned to the company's commitment to the Indian market and the Asia-Pacific region.
The factory will produce some of the key Haworth products such as the Zody, Fern, Aloha, HAT, Intuity, Riverbend, Shift, Poppy and Cabana (soon to be launched) range of products.
Additionally, furniture and components produced at the factory will be exported to North America and Europe in future, led by the demand for premium furniture from multinational, large companies, and SMEs.
Haworth focuses on premium seating, while capitalising on emerging requirements in systems and pods. It is also exploring new markets in emerging Tier-II cities and has recently onboarded new dealers in Delhi NCR, Ahmedabad and Pune. Further, it will help provide ergonomic furniture for emerging metropolitan spaces including banking, IT, manufacturing, managed spaces, global capability centres (GCCs), educational and financial services.
Moreover, plans are underway to expand the manufacturing footprint by investment in both logistics and manufacturing at the new facility in Chennai.
Recent News
◉ Dixon to establish Rs 1,000 crore laptop manufacturing unit in Tamil Nadu - Apr 10,2025◉ Sarovar Hotels commits investment of Rs 120 crore for new property in Tamil Nadu - Apr 10,2025
◉ Airbus & Mahindra Aerostructures sign manufacturing contract - Apr 10,2025
◉ Kerala CM to lay foundation stone for new building of district hospital at Vadakara - Apr 10,2025
◉ Wistron picks Shapoorji Pallonji to construct Rs 1,500 crore laptop manufacturing plant in Bengaluru - Apr 10,2025
◉ India’s Inox Solar secures land for 4.8-GW solar factory in Odisha - Apr 10,2025
◉ Timken expands bearing plant in Bharuch - Apr 10,2025