Cavotec announced the inauguration of its new production facility in Chennai, India. This strategic expansion is aimed at serving both the fast growing domestic market in India and the extensive global market. The new facility will cater to the domestic Indian market with an array of products, including various types of reels designed for both industrial as well as ports and maritime customers.

Additionally, the new site will enhance the production capacity for shore power solutions, reflecting Cavotec's commitment to innovation and sustainability in maritime operations. The new facility will also function as a supply chain hub supporting operations across the globe. The inauguration ceremony, held on July 3, 2024, was a significant event attended by customers and partners as well as local and international representatives from Cavotec.

The event featured a comprehensive tour of the new facility, providing an opportunity for the attendees to witness firsthand the production and processes in place.