Ingersoll Rand will invest Rs100 crore to upgrade its manufacturing facility in Naroda, near Ahmedabad in Gujarat. The strategic investment reinforces Ingersoll Rand's overall growth strategy in India that is focused on driving innovation, technology and product development. Products and solutions manufactured at the Naroda plant will be distributed across both, Indian as well as global markets.
With this investment, one of the oldest and most significant facilities of Ingersoll Rand globally, will transform into a modern, state-of-the-art facility. The strategic investment at the Naroda plant will support production of the complete range of compressors in Reciprocating, Rotary and Centrifugal ranging from 0.75 to 4500 kW.
Technologies for Air Treatment, Filtration Solutions, Storage Solutions, Energy Saving Control Solutions, Remote Monitoring as well as Energy Saving Modular Solutions for Compressed air that increase the overall efficiency of an entire Manufacturing and Operating system will be enhanced at this plant. In addition to these, the facility will add new product lines with high level of innovation.
Talking about this expansion and renovation of Naroda manufacturing facility, Venkatesh Valluri, Chairman and President, Ingersoll Rand India said, "The Naroda plant is one of our flagship facilities - the plant is one of the oldest in the world; having begun operations in 1965 and the first that was set up in India, focused on both domestic and international markets.
"Over the past few years we have been strongly focused on innovation from emerging economies and India has been at the forefront of this initiative. As India moves into a new era of economic realignment that will be focused on manufacturing, we are upgrading the facility by introducing new flexible production techniques, enhanced process efficiency methods and new technologies.
This will not only increase the safety practices but also allow the company to deliver very cost competitive products for India as well as for the global markets. This transformation is a step ahead to enhance our customers' energy efficiency, productivity and operational efficiency."
"India is a very important market for Ingersoll Rand and our investment in Naroda is a vital next step that we are taking to further strengthen our position in this growing market. We continue to commit to providing sustainable and energy efficient solutions in India and the new improved Naroda facility will also help us to drive Technology Innovation and Product Development to serve local and global markets from India", he added.
The ISO 9001-2008 Certified Naroda manufacturing facility is spread over an area of approximately 14 acres and caters to markets such as Industrial Efficiency, Transportation, Food Security, Logistics, Process, Pharmaceutical, Healthcare, Cement, Mining, Defence and others. The planned transformation will provide the manufacturing facility with several benefits including reduction in energy and resource consumption.
Besides the expanded manufacturing facility, the company's operations in India include two world class manufacturing facilities in Chennai and Sahibabad (near Delhi) and two Engineering and Technology Centers at Bangalore and Chennai. With a workforce close to 2000, Ingersoll Rand has presence in more than 18 locations in India.
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