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The Greenfieldfacility to come up at Ranjangaon MIDC near Pune.
The Company plans to invest 8 Million Euro in this facility.
The facility to be fully operational by April 2013
Pune, April 19,2012: Schmersal India Pvt Ltd, the 100% subsidiary of the Schmersal Group, world leaders in electrical and electronic safety switchgear & systems today announced to set upits first manufacturing plant in India at Ranjangaon MIDC near Pune. The ground breaking ceremony of its facility was performed by Mr Philip Schmersal, Chief Executive Officer, Schmersal Group on Wednesday, April 18, 2012. Also present at the function were Mr Henning Carl, Production Director, Schmersal Group;Mr Sagar Bhosale, Managing Director India Operations and other senior executives of the Company.
Speaking to media in Pune today, Mr Philip Schmersal said, “India is an important and strategic market for Schmersal and this facility has been envisaged keeping in view the tremendous potential within the country.” He further added that they have been encouraged by a growing Indian economy and the combination of availability of qualified engineers and designing capabilities which give India a distinct competitive advantage. Further, Indian manufactured products are gaining acceptance in world markets.
The Schmersal Group (www.schmersal.in) is a world leader in electrical and electronic safety switchgear & systems for the protection of man and machine. The group is represented worldwide with its manufacturing plants in Germany, Brazil & China and affiliated offices in the UK, US, Italy, Poland, Portugal, Belgium, Switzerland and Norway. Over recent years, the Schmersal Group has extended its product offerings through a number of acquisitions and its FY11 turnover stood at 180 million Euro.
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