Knauf Group to Invest €350 Million in Four New Manufacturing Plants in India

Key Facts

1Knauf Group plans to invest an additional €350 million in India to establish four new manufacturing plants.

2The company will begin by setting up its third plant in Gujarat with an investment of €80 million.

Knauf Group plans to invest an additional €350 million in India to establish four new manufacturing plants. The Economic Times reported that the company will begin by setting up its third plant in Gujarat with an investment of €80 million, marking a significant expansion of its production capacity in the region.

This investment follows a period of sustained industrial activity in India, with the Manufacturing PMI forecasted at 55.4 on October 23, 2026. The German building materials specialist currently operates two plants in India and intends to leverage the local business environment to accelerate its manufacturing footprint through these new facilities.

India is scheduled to release its annual Manufacturing Production data on October 28, 2026, with a forecast of 8.6% growth. This upcoming data will provide further context on the industrial sector's capacity to support large-scale foreign direct investment projects like the Knauf expansion.