Marquardt inaugurated a new production plant in Talegaon, near Pune, India, on March 5, 2025. The facility, which replaces the company’s previous site in Mumbai, represents an investment exceeding 180 crore rupees (approximately $21.5 million USD) in infrastructure and equipment.
The plant will manufacture mechatronic system solutions for the Indian automotive industry, including drive authorization systems, gear selector switches, and battery management systems for electric vehicles. The company expects to create around 300 additional jobs at the facility over the next five years.
“India is an important growth market for Marquardt with great potential,” said Björn Twiehaus, Chief Executive Officer of the Marquardt Group.
Marquardt has had a presence in India for several decades and operates a development center in Pune, employing over 450 people working on local and international projects.
Founded in 1925 and headquartered in Rietheim-Weilheim, Germany, Marquardt specializes in manufacturing electromechanical and electronic switches and switching systems. The company operates 22 locations across four continents with a global workforce of approximately 10,000 employees. In the 2023 financial year, Marquardt reported a turnover of nearly 1.4 billion euros, allocating about ten percent of its revenue to research and development.