Atlas Copco to open new factory in Pune

Atlas Copco Group, manufacturer of compressors, vacuum solutions, generators, pumps, power tools and assembly systems, has started the construction of its new manufacturing facility in Talegaon, Pune. The company's new state-of-the-art air and gas compressor system factory in Talegaon will manufacture systems for the local market and also for export. It encompasses a manufacturing plant and office building spanning a total of approximate 270.000 sq. ft. and the investment planned is MINR 1400 (about MEUR 15.0). The new facility is planned to be completed by Q2, 2024, and will generate additional employment for over 200 people and add production capacity. At the Talegaon facility, around 80% of the energy will come from solar panels and three-fourths of the water consumed will be derived from rainwater harvesting. The construction will be in line with the LEED (Leadership in Environmental Energy and Design) concept.