"Endress Hauser is planning to invest 7-8% of global revenue worth € 2.1 billion in research and development globally and our India operations will benefit the most with the technology transfer. We are aiming to achieve exports worth INR 1,000 crore from India operations to South East Asia, South Africa and Australia," informed Matthias Altendorf, Global CEO, Endress+Hauser.
Endress+Hauser is in the process of expanding its capacity at Aurangabad factory by half to cater to expected rise in work flow, heeding the government's ‘Make in India' and ‘Smart Cities' mission.The company is investing INR 30 crore approximately on the capacity expansion that is expected to be completed by October.
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