HARMAN to invest Rs 345 cr in 3 yrs to expand Pune facility
Connected automotive technologies player HARMAN, on Monday, said it will invest Rs 345 crore (USD 42 million) over the next three years to expand its automotive electronics manufacturing facility at Chakan, in Pune.
The company, a wholly owned subsidiary of Samsung Electronics Co., Ltd., said the investments include Rs 45 crore (USD 5.5 million) for immediate expansion and an additional Rs 300 crore (USD 36.5 million) over the next three years to support advanced telematics and next-generation automotive connectivity programs.
