TVS Mobility and Palfinger to set up Rs. 350 crore manufacturing plant in Pune
Automotive Industries
Feb 24,2026
TVS Mobility and Palfinger will jointly establish a manufacturing plant in Pune with an investment of Rs. 350 crore.
The facility will produce lifting and material-handling equipment for commercial applications.
Company representatives stated that the plant will incorporate advanced manufacturing processes and localisation strategies.
The joint venture aims to cater to both domestic and export markets..Development will proceed in phases following land allotment and approvals.
Company :
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TVS Mobility
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Palfinger