Headquartered in the industrial metropolis of Bangalore, MaxWatt employs more than 150 people in engineering, production, sales and service. It has installed a three-digit number of steam turbines in the field and caters to a worldwide customer base. The so far privately owned company has been steadily growing since its establishment in 2003.

MaxWatt's range of products will be fully integrated into MAN Diesel & Turbo's portfolio after the merger. MAN's workforce in India will increase to more than 650 employees. The MaxWatt headquarters in Bangalore will be MAN Diesel & Turbo's first steam turbine production site in India.

"India is a large country with huge growth potential and it is on a good path", said Emmanuel Ferdinand, Senior Vice President at MAN Diesel & Turbo and Managing Director of the company's Indian business.

"The Indian Government has set course to trigger growth and further update the country's infrastructure. The "Make In India" campaign, the availability of skilled manpower and a strong judicial system provide a good platform to expand our local footprint. Our new Bangalore base will also help us to broaden the scope of our Turbomachinery business not only in India but also in South-East-Asia."

MAN Diesel & Turbo already has a significant number of turbomachinery installations in India and runs a service shop for turbo machinery in Vadodara (Gujarat) in addition to an engineering and production center for large Diesel engines in Aurangabad (Maharashtra), and several sales hubs all over the subcontinent.
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