Danfoss Power Solutions Breaks Ground on ₹1000 Crore Manufacturing Unit in Pune

Danfoss Power Solutions has officially commenced construction on a state-of-the-art manufacturing unit in Pune, with an investment of ₹1000 crore. The facility is expected to bolster India's manufacturing capabilities and create significant employment opp

Danfoss Power SolutionsPuneManufacturingIndustrialElectrificationReal Estate PuneMar 04, 2025

Danfoss Power Solutions Breaks Ground on ₹1000 Crore Manufacturing Unit in Pune
Real Estate Pune:Danfoss Power Solutions, a leading global provider of mobile hydraulics and electrification solutions, has begun the construction of a new manufacturing unit in Pune, India.
The project, valued at ₹1000 crore, marks a significant milestone in the company's expansion plans and underscores its commitment to the Indian market.

The new facility will be built on a sprawling 50-acre site in the Pimpri-Chinchwad area of Pune, a region known for its robust industrial and manufacturing ecosystem.
The project is expected to create over 2,000 direct and indirect jobs, contributing to the local economy and fostering skill development.

Danfoss Power Solutions' decision to invest in Pune is driven by the region's strategic location, a well-developed infrastructure, and a vast pool of skilled labor.
The company aims to leverage these advantages to enhance its production capabilities and meet the growing demand for advanced mobile hydraulics and electrification solutions in India and beyond.

Speaking at the groundbreaking ceremony, Mr.
Thomas Dalsgaard, President of Danfoss Power Solutions, said, “This new facility represents a significant step forward in our global expansion strategy.
We are excited to contribute to the growth of the Indian manufacturing sector and to provide high-quality jobs for the local community.
Our goal is to establish a world-class facility that will serve as a hub for innovation and excellence in mobile hydraulics and electrification.”

The manufacturing unit will be equipped with the latest technology and adhere to stringent environmental standards.
It will focus on producing a wide range of products, including hydraulic pumps, motors, and valves, as well as electric drivetrains and control systems.
These products are crucial for various industries, including construction, agriculture, and material handling.

The construction of the facility is expected to be completed by 2025, and production is scheduled to commence shortly thereafter.
The project is being executed in collaboration with Panchshil Realty, a leading real estate developer in Pune.
Panchshil Realty has recently acquired the land for the project, ensuring that the development process is smooth and efficient.

The Indian government's 'Make in India' initiative has played a crucial role in attracting investments like this from global players.
The initiative aims to transform India into a global manufacturing hub by fostering a conducive business environment and promoting foreign direct investment (FDI).
Danfoss Power Solutions' new manufacturing unit in Pune is a testament to the success of this initiative and the potential it holds for the future of India's manufacturing sector.

In addition to the economic benefits, the project is also expected to have a positive social impact.
The creation of high-skilled jobs will help to reduce unemployment and improve the standard of living in the region.
The company has also committed to corporate social responsibility (CSR) initiatives, including education and healthcare programs, to further enhance the well-being of the local community.

As Danfoss Power Solutions continues to invest in India, it is poised to play a vital role in the country's manufacturing landscape.
The new facility in Pune will not only serve the domestic market but also position India as a key export hub for mobile hydraulics and electrification solutions.
This strategic move aligns with the company's vision of driving sustainable growth and innovation in the global market.

Frequently Asked Questions

What is the total investment for the new manufacturing unit in Pune?

The total investment for the new manufacturing unit in Pune by Danfoss Power Solutions is ₹1000 crore.

Where is the new manufacturing unit being built?

The new manufacturing unit is being built on a 50-acre site in the Pimpri-Chinchwad area of Pune, India.

How many jobs is the new facility expected to create?

The new facility is expected to create over 2,000 direct and indirect jobs.

What products will be produced at the new manufacturing unit?

The new facility will produce a wide range of products, including hydraulic pumps, motors, valves, and electric drivetrains and control systems.

When is the expected completion date for the new manufacturing unit?

The construction of the new manufacturing unit is expected to be completed by 2025, with production scheduled to commence shortly thereafter.

Related News Articles

Government Approves $10 Billion Semiconductor Project by Tower and Adani
Real Estate Maharashtra

Government Approves $10 Billion Semiconductor Project by Tower and Adani

Real Estate Tech Economy Equipment Building Materials Project Updates

September 10, 2024
Read Article
Ajmera Realty Witnesses 1% Rise in Q2 FY25 Sale Bookings
Real Estate

Ajmera Realty Witnesses 1% Rise in Q2 FY25 Sale Bookings

Ajmera Realty & Infra India Ltd., a prominent real estate developer, reported a 1% increase in its sale bookings during the second quarter of the financial year 2025.

October 20, 2024
Read Article
Top Cities, including NCR and Mumbai, Witness 23% Rise in Home Prices
Real Estate Mumbai

Top Cities, including NCR and Mumbai, Witness 23% Rise in Home Prices

The average house prices in the top seven cities, including the National Capital Region (NCR) and Mumbai, have seen a significant 23% increase, according to a recent report by real estate consultancy firm ANAROCK.

November 20, 2024
Read Article
ED Raids NCR Real Estate Companies, Seizes Rs 31 Crore and Luxury Cars
Real Estate

ED Raids NCR Real Estate Companies, Seizes Rs 31 Crore and Luxury Cars

The Enforcement Directorate (ED) has conducted raids at 14 locations in Delhi-NCR against two real estate companies accused of defrauding homebuyers of over Rs 500 crore. The agency has seized significant assets including bank deposits and luxury vehicles

December 3, 2024
Read Article
Lotus Developers Files DRHP for INR 1,000 Crore IPO: A Leap into the Future
Real Estate Mumbai

Lotus Developers Files DRHP for INR 1,000 Crore IPO: A Leap into the Future

Lotus Developers, a leader in Mumbai's premium real estate market, has filed its Draft Red Herring Prospectus (DRHP) for an IPO in the range of INR 800 to 1,000 crore. The company has garnered significant attention with its impressive list of pre-IPO inve

January 2, 2025
Read Article
142 Properties Worth Rs 300 Crore Seized in Muda Land Scam Investigation
Real Estate

142 Properties Worth Rs 300 Crore Seized in Muda Land Scam Investigation

Investigations into the Muda land scam have led to the attachment of 142 properties worth approximately Rs 300 crore. These properties are registered in the names of various real estate businessmen and agents. The probe is ongoing to uncover the full exte

January 17, 2025
Read Article