⚡ Key Highlights & Quick Takeaways
- The proposed plant would expand the company’s manufacturing operations.
- More than two lakh hydraulic pumps would be manufactured annually at the new facility, he said.
Wipro Kawasaki Precision Machinery, a company known for manufacturing hydraulic pumps, will set up a new manufacturing plant at Phase V Industrial Area in Harohalli, off Kanakapura Road, at an investment of ₹1,000 crore, said Large and Medium Industries Minister M.B. Patil.
The Minister informed the media this after his discussion with a high-level delegation led by the company’s CEO Minoru Hatsuda.
According to him, Japan-based Kawasaki, in partnership with Wipro, has sought 30 acres of land for the facility. “We will provide the land expeditiously. The new manufacturing plant is expected to commence operations within a year and create 1,200 jobs.’’
The company currently has a manufacturing unit on leased premises at Kumbalgodu, where 80,000 hydraulic pumps are manufactured annually. The proposed plant would expand the company’s manufacturing operations. More than two lakh hydraulic pumps would be manufactured annually at the new facility, he said.
