Kaippally committed to support industrial development in India
The Chennai-based Bonfiglioli Transmissions Pvt Ltd, the Indian subsidiary of Bologna-headquartered BonfiglioliRiduttori S.p.A., is investing Rs.100 crore on expanding facility and hiring more skilled manpower in Pune.
The company has conducted ‘Bhoomi puja’ on 8 Dec 2022 for a 42,500 sq. mt. high tech, smart assembly facility in Pune, an investment of Rs.100 crore with plans to hiring skilled manpower.
The new, bigger facility, scheduled to commence operations by November 2023, will feature high tech and real time smart assembly operations and will boast of an eco-friendly and people-friendly environment.
The company, an Italian group’s major operation in India, already has a 7,500 sq mt assembly facility in Pune.
With the proposed expansion in assembly operations, the company aims to better serve its markets in the western region catering to over 20 verticals in the discrete manufacturing and process sector.
It will also offer a wide range of customised products, reduce lead time, quick delivery timelines due to increased proximity.
Following the commencement of the new facility, Bonfiglioli Transmissions will expand its team size, hiring more skilled staff and technicians.
The company, in operation in India since 1999, has three production facilities: two in Chennai, and one in Pune. It is a market leader in the country in a range of gearmotors, drive systems, planetary gearboxes, and inverters that find applications in industrial automation, mobile machinery, and power generation, among others.
Currently, Bonfiglioli has a production capacity of over 3,50,000 units of gearboxes and gearmotors, its flagship product categories. Its turnover for 2021-22 financial year is R1,428 crore up from Rs.1,120 crore for the previous financial year.
Commenting about the proposed assembly facility in Pune, Kennady V. Kaippally, Country Manager, Bonfiglioli India, said, “We are committed to support industrial development in India by supplying smart and efficient systems required for Industry 4.0 operations.
“The western region represents a high growth market. We are expanding our assembly facility in Pune to better serve this evolving market. The new facility will have the highest standards of quality and safety, consistent with other Bonfiglioli locations worldwide.
“It will be a hi-tech, real-time smart assembly facility that will help us introduce a wide range of products to 20-odd verticals including food, packaging, cement, steel, pharmaceutical, textile, material handling, sugar, power generation, paper and water treatment sectors.
“We are excited with the proposed plant as it will also increase the cost competitiveness of our products and reduce lead time to our customers,” Kaippally said on 8 Dec 2022.
Established in 1956, Bonfiglioli operates worldwide in 80 countries with 24 commercial sites, 15 production sites, a wide distribution network comprising more than 550 partners, and can count on over 4.000 professionals. fiinews.com
