Terex India looks for greenfield facility to strengthen manufacturing, export base
The company has a 30-acre manufacturing hub in Hosur, Tamil Nadu, which is in its final expansion phase. The Hosur plant has a capacity to produce up to 1000 machines a year. “We want to invest in a greenfield project on a 25-to 30-acre site, and Gujarat seems to be a good option,” Jaideep Shekhar, Managing Director, Terex India told ETAuto.
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