Harman announced a ₹3.45 billion investment to expand its Pune automotive manufacturing plant, including ₹450 million for immediate expansion and ₹3 billion over three years. The project will create 300 jobs by 2027, boosting production capacity and reinforcing India’s importance in the company’s global automotive supply network.
Harman, a global leader in connected automotive technologies, has unveiled a ₹3.45 billion investment plan to expand its automotive manufacturing facility in Pune. The move strengthens its manufacturing presence in India and aligns with rising demand for advanced automotive solutions across global markets.
Immediate Investment and Phased Funding
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Harman will infuse ₹450 million immediately to begin the expansion.
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An additional ₹3 billion will be deployed over the next three years to scale operations and integrate advanced technologies.
Job Creation and Economic Impact
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The expansion is projected to create 300 new jobs in Pune by 2027, reflecting Harman’s commitment to building skilled talent and supporting local employment.
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This development further solidifies Pune’s position as a leading automotive and electronics manufacturing hub.
Strategic Growth Outlook
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The expansion aims to boost production capacity, improve supply chain efficiency, and support innovation in connected car systems.
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It underscores Harman’s long-term vision to strengthen India’s role as a key manufacturing base in its global supply chain.
This major investment reinforces India’s growing appeal to global technology manufacturers eyeing local production for both domestic and export markets.
Source: NSE Circular, BSE Filing