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Germany’s Knorr-Bremse to invest ₹1,907 crore at Sriperumbudur | Chennai News

Germany’s Knorr-Bremse to invest ₹1,907 crore at Sriperumbudur | Chennai News

Chennai: The Munich (Germany)-headquartered €7.9 billion Knorr-Bremse Group, a leading manufacturer of braking systems and supplier of safety-critical subsystems for rail and commercial vehicles, will establish a new manufacturing unit on the Sriperumbudur industrial corridor, with an investment of ₹1,907 crore.The proposed greenfield facility will be established by its Indian arm,...