Embassy-Faurecia inks Industrial Parks' pact

Joint Venture
Embassy Industrial Parks, a joint venture with Warburg Pincus and the Embassy Group, has signed automotive technology firm Faurecia as its client in the Industrial Park in Chakan, Pune. In the next two years, the company plans to build 9 parks across 35 million sqft. It had invested ₹350 crore to build a 1.1-million sqft.inj the Industrial Park which comprises of built-to-suit factories ranging from 50,000 sq ft. to 2 lakh sqft.
📅 Published on: 30 September 2019
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