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Cummins planning to invest Rs 1500 crore to set up R&D facility in Pune: Report

10 Aug 2017 Evaluate

Engine manufacturer Cummins is reportedly planning to invest Rs 1500 crore to set up new Research and Development (R&D) facility in Pune. With the addition of the new facility, the company will have about 2,500 engineers. Currently, it has 1,500 engineers working in its R&D facility in India.

Cummins has 21 manufacturing facilities in India, employing over 10,000 people with revenues of Rs 10,880 crore in 2016.

Peers
Company Name CMP
Cummins India 4641.00
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Greaves Cotton 181.30
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