Mumbai, Oct. 27 -- Automotive component supplier Harman, a subsidiary of Samsung Electronics Co., has announced a new investment of INR 3.45 billion (USD 42 million) to expand its automotive electronics manufacturing facility in Chakan, Pune, India. This commitment includes an immediate investment of INR 450 million and an additional INR 3 billion over the next three years to support advanced telematics and next-generation automotive connectivity programmes.

This latest funding brings Harman's cumulative investments in the Pune plant to INR 5.54 billion (USD 67 million) since its inception in 2014. The expansion is expected to create 300 new jobs in Pune by 2027.

The expansion, inaugurated by CEO Christian Sobottka, adds 71,505 square f...