New Talegaon plant boosts local production of mechatronic systems for India's growing automotive sector.
05 Mar 2025 | 10416 Views | By Angitha Suresh
German mechatronics specialist Marquardt officially opened a new production plant in Talegaon near Pune, India, on March 5, 2025. The facility replaces the company's previous production site in Mumbai and represents an investment of more than 180 crore rupees (approximately $21.5 million USD) in building, machinery, and equipment.
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German mechatronics specialist Marquardt officially opened a new production plant in Talegaon near Pune, India, on March 5, 2025. The facility replaces the company's previous production site in Mumbai and represents an investment of more than 180 crore rupees (approximately $21.5 million USD) in building, machinery, and equipment.
The new plant will primarily manufacture mechatronic system solutions for the Indian automotive industry, including drive authorization systems, gear selector switches, and battery management systems for electric vehicles. Marquardt plans to create approximately 300 additional jobs at the site over the next five years.
"India is an important growth market for Marquardt with great potential," said Björn Twiehaus, Chief Executive Officer of the Marquardt Group. "With the opening of the plant in Talegaon, we are continuing our success story in India and strengthening our position as a leading supplier of mechatronic systems for the mobility of the future."
Vishal Narvekar, General Manager of Marquardt India, highlighted the facility's contribution to the Indian government's "Make in India" initiative by enhancing local production, fostering innovation, and creating employment opportunities.
The company has maintained a presence in India for decades and operates a development center in Pune with more than 450 employees who work on both local and international projects as part of the global Marquardt innovation network.
The opening ceremony was attended by representatives of leading car manufacturers, partner companies, and high-ranking representatives from business and politics. Dr. Harald Marquardt, a shareholder and board member, praised the achievements of the local team during the inauguration.
Marquardt, founded in 1925 and based in Rietheim-Weilheim, Germany, is a family-run company that manufactures electromechanical and electronic switches and switching systems. The company employs approximately 10,000 people worldwide across 22 locations on four continents. In the 2023 financial year, Marquardt reported a turnover of just under 1.4 billion euros and invests about ten percent of its revenues in research and development annually.