The high technology company TRUMPF, expands in India and opens a new production facility. The factory will be in Pune, in the state of Maharashtra in the west of India. "India is developing strong and still has growth potential.

The proximity to this emerging market allows us to produce more efficiently and respond more quickly to the needs of our customers. Furthermore, the local presence gives us the opportunity to develop tailored solutions for the Indian market while leveraging global synergies.

In the long term, we want to supply other markets from India and expand our supply chain", says Till Kueppers, Chief Operating Officer at TRUMPF Machine Tools, Germany.

TRUMPF will invest more than four million Euro in the new production facility. The production will start within this year.

"India's dynamic landscape and forward-looking market presents, a canvas for our company's future growth story. This investment is the first step of our long-term growth strategy. Our customers will benefit not only from high-quality products but also from increased customer proximity and adaptability", said Pradeep Patil, Managing Director of TRUMPF in India.

"We will leverage talent available in India and utilize the ecosystem that has high experience in machine building to deliver TRUMPF quality in India. This will increase the confidence of the customers to invest in TRUMPF machines and encourage the new entrepreneurs to start with TRUMPF machines. This unique value proposition would be a great contribution to the sheet metal industry in India and our valued customers", says Mohammed Hidayath, Director Sales of TRUMPF in India.