Salzer Electronics Limited commenced a new manufacturing facility at Hosur, Tamil Nadu at an initial investment cost of Rs. 15 Cr in order to expand the capacity of high demand products like Wire Harness and Toroidal Transformers. The investment is will through internal accruals
This new strategically located rented manufacturing facility spread over 8 acres of land which covers area of around 30,000 sq. ft will help Salzer augment capacity
Commercial production expected to commence from March 2023. Creating this facility at Hosur with proximity to presence of large Auto Component Suppliers, Two Wheeler Manufacturing companies, and other world leading manufacturers of electrical products in the region would gain more momentum with quick delivery and improve focus on customer requirement and satisfaction.
Source: BSE