It will be located 50 kilometers to the southwest of the city at Vallam-Vadagal Industrial Park. The facility will produce sealing solutions for the automotive industry, among other products.
Land acquired for the purpose spreads across a land area of 56,000 metre square and could be developed further.
According to the company, Freudenberg invested €8.6 million or Rs 62 crore in India last year.
"Investments were made across the board, at all Freudenberg Business Groups, in manufacturing and research facilities and equipment. Over the past 5 years, Freudenberg has invested a total of Rs 363 crore," said Georg Graf, Freudenberg Regional Representative India.
Freudenberg recorded sales of Rs 1,483 crore across its seven business groups last year, marking a growth of around 20 per cent as against the year-ago period.
Group forecasts profits that will enable the company to register a double-digited growth in India this year. At present, Freudenberg employs some 2,500 associates at 50 locations and has six research and development (R&D) centres and 14 production sites.
Business operations of the group includes production, sales and service sites in India.
 "Freudenberg Group")
