Ahmedabad: Bosch Rexroth has started operation at its new plant in Sanand with an investment of Rs 280 crore. The company wants to address the specific regional product and system requirements from its facility and it is not only expanding production but also stepping up sales and development.
The company also plans to set up an additional project at its old site in Vatva in Ahmedabad and the parent company will take a decision about the product category.
""Going beyond production, we have developed the Sanand plant more and more into a technology center,"" said Johannes T. Grobe, MD of Bosch Rexroth in India. Based on the product platforms, engineers develop regional product variations at the plant which meet the specific requirements of the local customers.
Bosch Rexroth manufactures hydraulics components and systems at the site, which are used in machinery applications and engineering, factory automation and mobile applications. The new plant has a total area of around 37,000 square meters.
The company employs around 880 associates in India and 550 of them are working in Ahmedabad. The company registered a turnover of Rs 600 crore in 2012. Bosch Rexroth has been present in India for over 35 years and since 2007, the company has almost doubled its transaction volume. ""With our strategy ""local for local"", we are opening up additional market segments that we would not be able to reach from Germany. In the long run, this also ensures higher capacity utilization in Germany,"" said Wolfgang Horn, senior vice president technical of the Industrial Applications business unit at Bosch Rexroth AG.
In March 2013, the company expanded its presence in Fountain Inn in the US and doubled its production capacity there. In 2012, Bosch Rexroth put into operation new production facilities and offices as well as an R&D center in Wujin, China.
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