Project News Detail
| Project No : | 206047 |
|---|---|
| Project Title : | Staubli to expand Bengaluru facility with USD 10 mln-investment for solar PV connector production |
| Company Name : | Private Company |
| Project Detail : | Staubli, a global industrial and mechatronic solutions provider, has announced a USD 10 million investment to expand its manufacturing facility in Bengaluru. The expanded facility will focus on producing MC4-Evo1 and MC4-Evo2 connectors, essential components for connecting solar modules to inverters and other equipment. This expansion will help meet the increasing domestic demand for high-quality, locally manufactured PV connectors, while improving production volumes, reducing lead times, and enhancing supply chain resilience. Gerald Vogt, CEO of Staubli Group, stated, "India is a key pillar in Staubli's global growth and manufacturing strategy. This investment strengthens our global supply capabilities and enables us to support customers worldwide with reliable, high-performance PV connector solutions produced to the highest quality and sustainability standards." This move aims to strengthen Staubli’s position in India’s growing solar photovoltaic (PV) sector and support the 'Make in India' initiative. |
| Project Location : | Bangalore - Karnataka - India |
| Project Estimation : | Refer Document |
| Status : | Announced |