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Markets: Yokogawa says acquisition of Adept commitment to India

Fiinews by Fiinews
June 4, 2024
in Markets
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Adept exports to customers in 25+ countries

Yokogawa Electric Corporation of Japan http://yokogawa.com intends to enhance manufacturing capabilities of the recently acquired Adept Fluidyne Pvt Ltd of Pune, saying it is a commitment to the Indian market and ‘Make in India’ initiative.

Yokogawa said Adept’s manufacturing capabilities and certified flow calibration facilities in Pune is to enable local production of its lineup of magnetic flowmeters that align with its global quality standards http://boj.or.jp .

Yokogawa will also continue to provide Adept’s range of flowmeters through both companies’ sales networks, said Yokogawa India Limited https://www.jetro.go.jp/en/ of the recent acquisition of one of the largest manufacturers of magnetic flowmeters in India.

“We are committed to the Indian market as we firmly believe in ‘Make in India’ https://www.makeinindia.com/home/ . It is exciting to be a part of India’s sustainable transformation growth trajectory,” said Sajiv Nath, Vice President, Yokogawa Electric-Japan, Regional Chief Executive, South Asia, Managing Director-Yokogawa India Limited.

“With the acquisition of Adept, we embark on a journey of innovation and growth, combining the best Indian expertise with Japanese quality http://jica.go.jp and excellent ingenuity, all under the spirit of ‘Make in India,” he said on Jun 3.

Vinayak Gadre, Managing Director, Adept Fluidyne Pvt Ltd https://adeptfluidyne.com/ , added, “Adept is glad to become a part of the Yokogawa family. Established in 1983, Adept has manufactured magnetic flowmeters for over 30 years and introduced ultrasonic flowmeters in 2010.

“We have supplied over 70,000 flowmeters to various industry sectors, including water and wastewater https://water.org/ . Additionally, Adept offers IoT gateways, smart water meters, and flowmeter calibration services https://www.siww.com.sg/water-expo .

“With an expanding sales network across India, Adept has secured significant public and private sector orders and exports https://fieo.org/ to customers in over 25 countries.”

Yokogawa supports the operations of water and wastewater treatment companies, oil & gas conglomerates, and customers in chemicals and petrochemicals, fertilizers, pharmaceuticals https://pharmaceuticals.gov.in/ and life sciences, metals & mining, power, food & beverage, and other sectors http://sbi.co.in .

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 and control systems for water treatment facilities. Yokogawa also has systems engineering teams and an R&D centre in India that support its global operations. Fiinews.com

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