WEG Buys Land in India for US$ 8 Million to Expand Operations
Bitget2026/11/04 11:32- WEG announced on November 4, 2026, the acquisition of land in Dharmapuri, India, for US$ 8 million (approximately R$ 44 million).
- The 400,000-square-meter site in Tamil Nadu is 95 kilometers from its Hosur manufacturing complex.
- The acquisition supports gradual production capacity expansion and integration of manufacturing operations in India.
- The purchase increases its total land area in India to more than 625,000 square meters.
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