· Manufacturing & Investment · Source: thehindubusinessline.com

Sweden’s Bulten Group to set up fasteners plant in Tamil Nadu with ₹525 crore investment

Sweden’s Bulten Group, via PSM Fasteners India, will invest ₹525 crore to set up a micro-fasteners plant in Oragadam, Tamil Nadu. The facility will cater to domestic demand and exports to Europe and the US, generate around 2,000 jobs, and reduce India’s import dependence in precision and electronics manufacturing.

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