ebm-papst India Pvt Ltd, the Indian arm of the Germany-based €2.4 billion ebm-papst Group, is investing Rs 340 crore to establish a new manufacturing facility near Chennai, marking a major expansion of its footprint in the country.

The new plant, located at Sunguvarchatram about 50 km west of Chennai, will be the company’s third in India and is expected to boost its production capacity by at least four times. The facility is scheduled to break ground and is targeted to be operational by next year.

“This investment will help us meet the growing domestic demand in India and also strengthen our global supply capabilities,” said Klaus Geissdoerfer, CEO of the ebm-papst Group.

Spread across 14 acres, the facility is projected to create around 700 jobs once fully operational, with 500 roles expected to be filled in the initial phase. The expansion aligns with the company’s strategy to double its revenue from the Indian market by FY28.