HARMAN to invest ₹345 cr to expand its automotive electronics manufacturing facility in Chakan, Pune

Business

Samsung Electronics-owned HARMAN, a player in connected automotive technology, has on Monday announced a fresh investment of ₹345 crore ($42 million) to expand its automotive electronics manufacturing facility in Chakan, Pune, India.

 

The investment includes ₹45 crore for immediate expansion and an additional ₹300 crore over the next three years to support advanced telematics and next-generation automotive connectivity programmes, as per a company communique.

source:thehindu.com