TVS Mobility and Palfinger to set up Rs. 350 crore manufacturing plant
Automotive Industries
Feb 23,2026
TVS Mobility and Palfinger will jointly establish a manufacturing plant with an investment of Rs. 350 crore.
The facility will manufacture specialised lifting and handling equipment. The joint venture aims to cater to domestic and export markets.
The plant will incorporate advanced manufacturing technologies. The investment will be implemented in phases.
The partnership strengthens industrial equipment manufacturing in India.
Company :
|
TVS Mobility
|
Palfinger