Markwart strengthens its presence in India

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Markwart strengthens its presence in India


• Investment in this important market being constantly developing
• Promotion of capabilities of McTronic Systems
• About 300 new job opportunities by the year 2030

Retheim-Wayelahem/ Talegaon,

Markward, an expert company in the Mekatronics sector, has officially launched a new plant in Talegaon near Pune, increasing the scope of its presence in India. The family -owned company has introduced this new production facility in place of its production site in Mumbai, which will greatly expand its capabilities and will also strengthen its ability to compete rapidly in the moving market. Its building, machinery and equipment have invested more than Rs 180 crore. In the coming time, Markward will mainly create a Micatronic system solutions for customers of the Indian motor-vehicle industry in its plant with state-of-the-art facilities.

The Chief Executive Officer of the Markwart Group, Björn Twiehaus says this: “India is an important market with unlimited possibilities of development for Markwart. Here we work closely with major motor vehicle making companies and use our Indian team’s ability and expertise to innovate. Taking forward our success story in India, we have inaugurated this plant in Talegaon. In this way, we are strengthening our position as a leading company providing mecatronic systems for future traffic facilities. ”

Contribution to “Make in India” initiative
The General Manager of Markwart India, Vishal Narvekar further said: “Our new facility in Talegaon is a major achievement for Markvart in India. Our strong and long-standing relationship with customers in India’s motor-vehicle industry has played an important role in our progress. It is evident from this detail that, we are standing on our resolve to provide world class McTronic solutions to the needs of our local partners. In addition, this facility also highlights our contribution to the ‘Make in India’ initiative by increasing local production, promoting innovation and creating new employment opportunities. ”

Around 300 new job opportunities
In addition to the assembly lines with its state-of-the-art features, in-houses provide the entire metronic solutions to their customers with electronics production and logistics, including the drive authorization system, gear selector switch and battery management system for electric vehicles. Also, this investment will make the size of the supply chain smaller, the reaction time will be faster and the flexibility will increase. In the coming five years, this new site of Markward will reveal about 300 additional jobs opportunities.

Long -term dedication to India
Markward has been active in India for the last few decades and has been operating a development center with more than 450 employees in Pune. Our experts are part of the Markward Innovation Network present all over the world, which work on projects from home and abroad.

Markwart’s shareholder and board member, Dr. Herald Markwart stressed, “Our team in India is the foundation of our success in the whole world. There is no example of innovation, their ability and true dedication of our Indian experts. The launch of this new plant reveals our long -term dedication to its customers around the country and around the world. ”

Inauguration ceremony in the presence of guests in high positions
The inauguration ceremony was attended by leading companies, representatives of partner companies and representatives in high positions in business and political world. Dr. Herald Markwart praised the achievements of the team present on the site and said: “Today we have been able to inaugurate the plant, which is the result of the true dedication of many dedicated people and their firm intentions. I want to thank all the people who contributed to this success. “