November 21, 2024
Corporates

Freudenberg Group Inaugurates Advanced Manufacturing Facilities In Morinda

Germany-based global technology conglomerate Freudenberg Group has officially inaugurated two state-of-the-art manufacturing facilities in Morinda, encompassing a total built-up area of 40,700 sq. metres. These facilities, operated by Freudenberg-NOK India Pvt. Ltd. (FNI) and Vibracoustic India, consolidate the company’s operations from its previous plants in Basma and Mohali, enhancing production efficiency and supporting Freudenberg’s long-term growth strategy in India.

With an investment exceeding €42 million, this marks Freudenberg’s largest financial commitment in India to date. The new plants are designed to serve both domestic and international markets, reinforcing Freudenberg’s dedication to India’s “Make in India” initiative. They will cater to key sectors, including automotive and industrial manufacturing, ensuring the company remains competitive by optimizing material flows and utilizing modernized equipment.

During the inauguration, Dr Mohsen Sohi, CEO of Freudenberg Group, stated, “Our investment in the new facilities in Morinda reflects Freudenberg’s strong commitment to the Indian market and the ‘Make in India’ vision. This expansion aligns with our global growth strategy and enhances our ability to serve customers with greater efficiency, innovation and quality. As we celebrate 175 years of Freudenberg’s legacy of excellence, we are proud to further strengthen our presence in India.”

Sustainability is a core focus for the new facilities, which incorporate energy-efficient machinery and eco-friendly practices. Notable features include photovoltaic cells that supply 15% of the plant’s energy needs and water-recharging stations to minimize environmental impact.

Sivasailam. G, Managing Director at Freudenberg Performance Materials India and Director & CEO of Freudenberg Regional Corporate Center India, added, “The inauguration of our new manufacturing plants in Morinda showcases our long-term commitment to sustainable growth in India. By consolidating our operations, we aim to create new job opportunities and nurture local talent. This investment enables us to better serve customers across various industries, providing high-quality products and solutions made in India for both domestic and international markets.”

Freudenberg’s expansion in Morinda is expected to generate significant job opportunities, with plans to grow the local workforce by 20%, adding approximately 200 new positions. The site will also function as a global engineering hub, attracting top talent from regional universities, particularly around Chandigarh.

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