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Asia: Schaeffler to set up three new plants

German automotive components manufacturer Schaeffler Group has announced expansion plans for its operations in Asia. The company intends to set up three new facilities in the region – two in China and one in India. The supplier has announced an investment of around €300m (US$389.96m) towards the project. The funds will It’s time to log … Continued

German automotive components manufacturer Schaeffler Group has announced expansion plans for its operations in Asia. The company intends to set up three new facilities in the region – two in China and one in India.

The supplier has announced an investment of around €300m (US$389.96m) towards the project. The funds will

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