Bonfiglioli Announces Rs 320 Crore Investment for New PCB Manufacturing Facility in India

Bonfiglioli Investment Rs 320 Crore for PCB Manufacturing Facility in India.

Company expands its presence in Tamil Nadu with a new plant and an innovation hub

Bonfiglioli Transmissions Pvt Ltd, the Indian subsidiary of the Italy-based Bonfiglioli Group, has unveiled plans to invest Rs 320 crore to establish a printed circuit board (PCB) manufacturing facility in Cheyyar, Tamil Nadu. This facility is part of a broader initiative to strengthen their industry and automation capabilities in India. Additionally, the company is expanding its Technology and Innovation Hub in Chennai to further enhance its R&D capacity.

PCB Manufacturing Facility to Drive Local Growth

Bonfiglioli’s new facility, which will be developed in phases across 25 acres, is expected to create around 150 jobs upon completion. Chairwoman Sonia Bonfiglioli emphasized that the decision to set up in Tamil Nadu reflects the company’s confidence in the region’s talent pool. “India is the best place to develop, and the younger generation here is full of innovative ideas. This investment will create opportunities for many bright young minds,” she said.

The groundbreaking ceremony for the Cheyyar facility took place on October 17, with operations scheduled to begin in 2025. This move aligns with Bonfiglioli’s commitment to the ‘Make in India’ initiative and solidifies its status as one of the largest manufacturers of industrial gearboxes globally.

Expansion of Technology and Innovation Hub in Chennai

Alongside the new plant, Bonfiglioli is also expanding its Technology and Innovation Hub in Chennai. The upgraded facility, which will employ around 180-200 people, will focus on research, development, and technical support, integrating advanced technologies to deliver innovative industrial solutions. This expanded center will also house testing laboratories designed to simulate real-world conditions.

Kennady V Kaippally, Country Manager of Bonfiglioli India, highlighted the significance of these developments: “With the new Cheyyar facility and our expanded Technology Hub, Bonfiglioli is well-positioned to meet the growing local demand and deliver cutting-edge solutions. Our continued investments in technology and talent underscore our commitment to India’s industrial growth.”

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