The company aims to localise production to cut down the lead time for supplying to the global market.
25 Oct 2018 | 33245 Views | By Autocar Pro News Desk
Leading pneumatic motion and fluid control technologies company, IMI Precision Engineering today conducted the opening ceremony of the company's new 67,000 square foot manufacturing facility in Noida, Uttar Pradesh. The new facility is IMI Precision Engineering’s second largest manufacturing site in the Asia Pacific region.
IMI Precision Engineering is ...
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Leading pneumatic motion and fluid control technologies company, IMI Precision Engineering today conducted the opening ceremony of the company's new 67,000 square foot manufacturing facility in Noida, Uttar Pradesh. The new facility is IMI Precision Engineering’s second largest manufacturing site in the Asia Pacific region.
IMI Precision Engineering is a subsidiary of the £1.75 billion (Rs 16,527 crore) turnover United Kingdom based-engineering group IMI plc, and has sales and service network in 75 countries including in USA, Germany, UK, India, and China. The company is known for brands such as IMI Norgren, IMI Buschjost, IMI FAS, IMI Herion and IMI Maxseal. With IMI’s global manufacturing and product standards at its core, the new ‘built to suit’ plant has used lean principals throughout and replicates the best practice from its many manufacturing centres throughout the world.
Kuldeep Bhan, managing director, IMI Precision Engineering- India, said: “This is an exciting time for us to be in India. Our expansion plan is aligned with the government’s ‘Make in India’ strategy and is now moving to the execution phase. Over the next few years, we will be further increasing our product and technical offering. By localising production of its most popular pneumatic motion and fluid control components, IMI Precision Engineering will be able to cut lead times by supplying locally manufactured products to global manufacturing standards.”
Massimo Grassi, divisional managing director, said: “This purpose-built facility in India places the company in an ideal situation to expand the business in the industrial automation, commercial vehicle, rail, life science, energy, and food and Beverage sectors. The plant will form an important part of our global strategy to deliver growth, customer satisfaction and operational excellence.”
Andrew Taylor, regional managing director, Asia Pacific, said: "India is an important and growing market. IMI Precision Engineering is actively supporting the government’s ‘Make in India’ initiative to promote manufacturing of products locally. By tripling production space, we will be in a much stronger position to serve our many customers, sales and service offices across India.”