Häfele plans to triple India sourcing for global sales in two years
As part of the MoU, Häfele will back product innovation, local sourcing, and entrepreneurship through targeted investments, supplier development, and integration into its global supply network. DPIIT, in turn, will enable startup connections and ecosystem access via Startup India.
“This is not just about moving production for cost. It’s about enabling MSMEs and building long-term supply resilience,” Schloeder says.
The company has already invested over $2.5 million in an Indian appliance startup and placed purchase orders with MSME suppliers of hardware and fittings. It is also working closely with local vendors, embedding its own quality teams on the ground and running detailed audits to ensure compliance with Häfele’s international benchmarks.
Source: www.fortuneindia.com