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Lubcon Lubrication India to set up new unit in Kolar

The company has acquired land for the project and the work is expected to start by Q1/FY24

Lubcon Lubrication India, a subsidiary of Germany based Lubricant Consult GMBH, is planning to set up a new lubricant manufacturing unit at Mastenahalli Industrial Area, Chikaballapura in Kolar district of Karnataka.

The proposed unit will come up over one acre of land parcel and will manufacture high-grade greases, oil, pastes and sprays. The project will generate employment for around 27 people.

As per the information shared with Projects Today, the company acquired land and also roped in the contractor and machinery suppliers for the project.

The work on the project is expected to start by Q1/FY24.