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Manufacturing: Belden spends $40m on Chakan facility expansion

Fiinews by Fiinews
January 13, 2024
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Chand emphasizes dedication to sourcing raw materials locally

St. Louis-headquartered Belden Inc. (NYSE: BDC) is making a US$40 million expansion at its manufacturing facility in Chakan, Pune, to meet burgeoning demand from India’s industrial, broadcast and enterprise markets that are experiencing remarkable growth.

“Our expansion is strategically positioned to cater to this unique opportunity,” said Dr. Ashish Chand, President and CEO.

“With the expansion of our facility, we are emphasizing our dedication to sourcing raw materials locally. This underscores our unwavering commitment to ‘Made in India for the World’. With the strategic establishment of this facility, we not only strengthen our domestic roots but also envision it as a pivotal export hub,” he said on 12 Jan 2024.

“This expansion underscores Belden’s dedication to meeting the evolving needs of the automation market. We are excited about the enhanced capabilities this facility brings, allowing us to better serve our clients and contribute to the growth of the automation and smart infrastructure industries both locally and internationally,” he elaborated.

The expansion will result in a substantial increase in Belden’s production capabilities, allowing the company to meet the rising demands for network and data solutions.

With this investment, Belden aims to strengthen its foothold in both domestic and foreign markets.

The phase II of Chakan plant will serve as a hub for delivering high-quality products for network infrastructure solutions worldwide.

The expansion of the current 19,000 sq m manufacturing plant aligns seamlessly with Belden’s substantial investments and capabilities showcased at their Customer Innovation Center (CIC) and R&D/ engineering facilities in India. It underscores the company’s commitment to excellence, quality, and continuous innovation in delivering market leading solutions.

Belden’s expanded facility will be equipped to manufacture state-of-the-art specialized Ethernet switches and firewalls designed for industrial and building automation, connectivity solutions and assemblies of patch cords and connectors tailored for diverse industrial applications, reinforcing Belden’s global impact.

Belden EVP Industrial Automation Solutions Brian Lieser shared, “This expansion underscores Belden’s dedication to meeting the evolving needs of the automation market.

“We are excited about the enhanced capabilities this facility brings, allowing us to better serve our clients and contribute to the growth of the automation and smart infrastructure industries both locally and internationally.

“The ongoing investment in manufacturing facilities reflects Belden’s commitment and ability to adapt to changing customer requirements and fostering the expansion of the Indian market. It speaks also of the positive impact of innovating, creating jobs, and contributing to the advancement of automation technologies globally.”

Belden is headquartered in St. Louis and have manufacturing capabilities in North America, Europe, Asia and Africa. Fiinews.com

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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