Nashik – Epiroc Mining India Private Limited., a mining and construction equipment company, has announced a fresh investment of $42 million (₹350 crore) in Nashik, Maharashtra. The project, to be set up in the Gonde Dumala area, marks a major expansion of the company’s operations in India.
Epiroc President and CEO Helena Hedblom confirmed that the facility will be inaugurated in 2026 and will focus on the production of underground and above-ground equipment tailored for the growing needs of the mining and construction sectors in India.
Highlighting the strategic importance of Nashik, Hedblom said the city is central to India’s rapidly expanding market. She emphasized that the project will generate direct employment for around 200 people, with priority given to hiring from the local community based on skills and expertise.
Mr. Helena Hedblom, President and CEO of Epiroc, said, “Our policy is to include local people in employment, ensuring that this investment benefits Nashik directly.”
Epiroc has had a presence in Nashik since 1997, and the new investment reaffirms its long-term commitment to India. The upcoming facility is expected not only to strengthen Epiroc’s manufacturing capabilities but also to provide its customers with faster, more efficient support across mining and construction applications.
Industry analysts view this move as a boost to both the regional economy of Maharashtra and India’s positioning as a key hub for advanced industrial equipment manufacturing.
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