Gadre combining best Indian expertise with Japanese ingenuity
Yokogawa Electric Corporation (TOKYO: 6841) says the acquisition of Adept Fluidyne Pvt Ltd will provide an Indian manufacturing base for its lineup of high-performance magnetic flowmeters
The purchase process is expected to be completed by the end of March 2024, and will give the Japanese group access to Adept’s product lineup, enabling more timely delivery of a broad portfolio of flowmeter products for the burgeoning Indian market.
Yokogawa Electric Vice President and head of the Yokogawa https://www.yokogawa.com/ Products Headquarters Hiroshi Tanoguchi said on 4 Mar announcing the acquisition, “India is one of our most strategically important markets, and we look forward to sharing our manufacturing know-how with the Adept team in order to provide made-in- India Yokogawa flowmeters as soon as possible.
“With Adept becoming part of the Yokogawa Group, we will provide a full range of general use and specialized flowmeters to the water, energy, chemical, and many other sectors,” one of the largest domestic manufacturers of magnetic flowmeters in India.
Moving forward, Yokogawa is intending to enhance Adept’s manufacturing capabilities and certified flow calibration facilities in Pune to enable local production of its lineup of magnetic flowmeters in line with its global quality standards. Yokogawa will also continue to provide Adept’s range of flowmeters through the sales networks of both companies.
Adept https://adeptfluidyne.com/company-overview/ Managing Director Vinayak Gadre added, “Today marks a pivotal moment in our company’s history as we announce our acquisition by Yokogawa.
“Together, we embark on a journey of innovation and growth, combining the best of Indian expertise with Japanese ingenuity.”
A nationwide project aimed at optimizing the supply of water resources within India and enhancing the capacity of management institutions. It is intended to improve the decision-making support systems related to assessment and planning on the scope, quality, and access to water resources, and the management of flooding and catchment areas.
Flowmeters are an essential industrial instrument that can measure the flow rates and, with some products, the density and temperature of liquids, gases, and steam.
Various measurement technologies are available depending on the purpose of measurement, the type and condition of the fluid or gas, and the measurement conditions. With the rapid expansion of India’s industrial sector under the Government of India’s “Make in India” initiative, demand for flowmeters continues to grow.
Established in 1983, Adept has been manufacturing magnetic flowmeters for over 30 years, and introduced ultrasonic flowmeters to its lineup in 2010. The company has supplied over 70,000 flowmeters to the water, wastewater, and other industry sectors, and also provides IoT gateways, smart water meters, and flowmeter calibration services.
In recent years, the company has expanded its sales network across India, and exports to customers in more than 25 countries.
Yokogawa established a local subsidiary in India in 1987, and since then has been delivering control systems and field instruments for plants in the energy industry, as well as remote monitoring for water supply and wastewater networks as part of India’s National Hydrology Project and control systems for water treatment facilities. Yokogawa also has systems engineering teams and an R&D center in India that support its global operations. Fiinews.com
