Shoolagiri/Bangalore / Augsburg, July 21, 2025 – RENK Group AG, a leading supplier of drive solutions for military and civil applications, today officially inaugurated its new production facility in Shoolagiri, India. This strategic investment represents a significant milestone in RENK's commitment to the Indian market and reinforces the company's position as a key partner in India's defense modernization and industrial growth.
"This facility is more than just a production location – it is a statement of trust, partnership, and future ambition," said of RENK Gears Private Ltd. (RENK India). "India represents a strategic cornerstone of our global operations, particularly in the defense 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 new facility enables RENK to deliver cutting-edge solutions through local manufacturing, providing faster response times, greater cost efficiency, and full compliance with localization requirements. RENK's dual-focus strategy includes "local-for-local" solutions for Indian industries, such as gear units for cement mills, gearboxes for the power and "new energy" sectors, and specialized couplings Couplings Couplings connect two shafts to transmit torque. – while supporting "local-for-global" manufacturing with Indian-produced couplings Couplings Couplings connect two shafts to transmit torque. destined for worldwide deployment.
As a trusted partner of the Indian Armed Forces, RENK has contributed to landmark programs including the domestic Arjun tank and INS Vikrant aircraft carrier. The company is actively supporting future defense initiatives, including a Light Tank program and naval opportunities. This expansion solidifies RENK's global footprint, making RENK India a strong and reliable part of the RENK production network.
About the RENK Group AG
Headquartered in Augsburg, Germany, RENK Group AG is a globally leading manufacturer of mission-critical propulsion solutions across diverse military and civil end markets. Our product portfolio includes gear units, transmissions, power-packs, hybrid propulsion systems, suspension systems Suspension Systems Suspension systems absorb shocks and ensure vehicle stability. , slide bearings Slide Bearings Slide bearings enable low-friction movement between fixed parts. , couplings Couplings Couplings connect two shafts to transmit torque. & clutches and test systems Test Systems Test systems assess technical components for function and durability. . With this broad product portfolio RENK Group AG serves, in particular, customers in industries for military vehicles, naval, civil marine, and industrial applications focused on energy. In the fiscal year 2024, RENK Group AG generated revenue of EUR 1.14 billion. RENK Group AG has been listed on the Frankfurt Stock Exchange since February 7, 2024, and has been a member of the MDAX since March 24, 2025.
Disclaimer
This Press Release contains forward-looking statements that are based on plans, expectations, estimates and projections of the management of RENK Group as at the date of this Press Release. These plans, expectations, estimates and projections depend on a variety of assumptions and are subject to unforeseeable events, uncertainties, known and unknown risks as well as other factors that may cause actual results or the actual financial situation, development or performance to differ from those expressed or implied in the forward-looking statements. RENK Group does not assume any obligation to update the forward-looking statements or make adjustments to them to reflect events or developments occurring after the date of this Press Release unless obliged by statutory law.
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