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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 4870.05
Kirloskar Oil Engine 2230.20
Greaves Cotton 211.85
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