Doosan Bobcat opens Rs 190 crore facility in Chennai

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New Delhi: South Korean compact contruction equipment maker Doosan Bobcat announced the commencement of operations from its first manufacturing facility in India early this week.

The firm, a wholly owned subsidiary of Doosan Bobcat Inc., announced the inauguration of the facility at Gummudipoondi, where it will manufacture Backhoe Loaders.

Built with a total investment of Rs 190 crore, the plant is spread across an area of 21.6 acres with an annual production capacity of 8000 units.

As per media reports, the company has purchased the idle plant from US agricultural and construction equipment maker John Deere last year.

The integrated facility with Fabrication and Warehouse, among others, will initially manufacture Backhoe Loaders, completely designed and developed by its city-based engineering team.

“This new facility will cater to the increasing demand of Backhoe Loader to support the development of India’s infrastructure and construction segment,” Scott Park, CEO, Doosan Bobcat Inc. said.

The company also plans to make this facility a global manufacturing hub for export and a regional centre of excellence, the release said, adding, besides Backhoe Loaders, it was also looking at localising its other compact products to suit Indian market requirement and potentially exporting them as well.

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  • Updated On Aug 31, 2019 at 03:38 PM IST
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  • Published On Aug 31, 2019 at 03:38 PM IST
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  • 1 min read
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