{"id":10307,"date":"2024-06-14T14:39:20","date_gmt":"2024-06-14T14:39:20","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=10307"},"modified":"2024-06-14T14:39:20","modified_gmt":"2024-06-14T14:39:20","slug":"cattini-india-to-invest-20cr-in-pune-facility","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/cattini-india-to-invest-20cr-in-pune-facility\/","title":{"rendered":"Cattini India to invest 20cr in Pune facility"},"content":{"rendered":"<p>CattiniIndia will invest Rs 20 crore to set up its manufacturing facility in Sanaswadi, Pune. The  will be spread over five years and the company plans to initially manufacture gear synchronizers for commercial vehicles, a statement said.<\/p>\n<p>The manufacturing facility is expected to start operations in January. The company plans to export the products to the EU market for the first few years, with local sales starting in the second phase of investment. The investment marks Cattini&#8217;s foray into the Indian market and is a significant step in the company&#8217;s <a href=\"https:\/\/exam.pscnotes.com\/growth\">Growth<\/a> strategy to expand its presence in the Asia-Pacific region.<\/p>\n<p>The Italy-based group makes mechanical components and power transmission systems. While gear shifting is one of their main products, the company also produces other mechanical components which are used in a variety of industries including <a href=\"https:\/\/exam.pscnotes.com\/<a href=\"https:\/\/exam.pscnotes.com\/agriculture\">Agriculture<\/a>-notes-for-state-psc-exams&#8221;>Agriculture<\/a>, construction, mining, marine, and industrial manufacturing<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CattiniIndia will invest Rs 20 crore to set up its manufacturing facility in Sanaswadi, Pune. The will be spread over five years and the company plans to initially manufacture gear synchronizers for commercial vehicles, a statement said. The manufacturing facility is expected to start operations in January. The company plans to export the products to &#8230; <a title=\"Cattini India to invest 20cr in Pune facility\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/cattini-india-to-invest-20cr-in-pune-facility\/\" aria-label=\"Read more about Cattini India to invest 20cr in Pune facility\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1094],"tags":[866],"class_list":["post-10307","post","type-post","status-publish","format-standard","hentry","category-maharashtra","tag-17-04-23"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cattini India to invest 20cr in Pune facility - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/cattini-india-to-invest-20cr-in-pune-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cattini India to invest 20cr in Pune facility\" \/>\n<meta property=\"og:description\" content=\"CattiniIndia will invest Rs 20 crore to set up its manufacturing facility in Sanaswadi, Pune. The will be spread over five years and the company plans to initially manufacture gear synchronizers for commercial vehicles, a statement said. The manufacturing facility is expected to start operations in January. The company plans to export the products to ... 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The will be spread over five years and the company plans to initially manufacture gear synchronizers for commercial vehicles, a statement said. The manufacturing facility is expected to start operations in January. The company plans to export the products to ... 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