RENK Group AG, a global leader in advanced drive and propulsion solutions for military and industrial applications, has officially inaugurated its new trailblazing production facility in Shoolagiri, India. This strategic investment underscores RENK’s deepening commitment to the Indian market and aligns with the Government of India’s “Make in India” initiative, aimed at fostering indigenous manufacturing and technological advancement.
The new facility positions RENK to better serve the growing demands of India’s defence and industrial sectors, while also enhancing its global production network. By manufacturing locally, RENK aims to deliver advanced gear units, power transmission systems, and specialised couplings with faster response times, cost efficiencies, and full compliance with localisation requirements.
“This facility is more than just a production location – it is a statement of trust, partnership, and future ambition,” said Praveen Mohan, Managing Director of RENK Gears Private Ltd. (RENK India). “India represents a strategic cornerstone of our global operations, particularly in the defence sector. We are here for more than just producing for the Indian market – we are here to grow with this country and shape the tremendous opportunities ahead together with our partners on the ground.”
The Shoolagiri plant will cater to both domestic and global markets through a dual-focus approach:
RENK has long been a trusted partner of the Indian Armed Forces, contributing to major programs such as the Arjun main battle tank and the INS Vikrant aircraft carrier. With its new facility, RENK is poised to play a key role in upcoming defence initiatives, including the Light Tank program and future naval projects.
About RENK Group AG
Headquartered in Augsburg, Germany, RENK Group AG is a global leader in mission-critical propulsion and power transmission solutions for military, naval, civil marine, and industrial markets. Its extensive product portfolio includes gear units, transmissions, power-packs, hybrid propulsion systems, suspension systems, slide bearings, couplings, clutches, and test systems. In fiscal year 2024, RENK generated revenues of EUR 1.14 billion. Listed on the Frankfurt Stock Exchange since February 7, 2024, RENK joined the MDAX index on March 24, 2025.