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Schmersal breaks ground for first plant in India

Em News Bureau ,  Monday, May 21, 2012, 15:52 Hrs  [IST]

Philip SchmersalSchmersal India Pvt Ltd, the wholly-owned subsidiary of the Schmersal Group, a leading manufacturer of electrical and electronic safety switchgear and systems, recently performed the ground-breaking ceremony for its first manufacturing plant in India, to be set up with an investment of 8 million euro.

The plant will come up at Ranjangaon MIDC near Pune. The ground-breaking ceremony of its facility was performed by Philip Schmersal, Chief Executive Officer, Schmersal Group on Wednesday, April 18, 2012.

Speaking on the occasion, 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 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.

Schmersal GroupSpread over an area of five acres, the proposed Ranjangaon facility will be fully operational by April 2013. Schmersal will manufacture electromechanical safety devices, electronic sensors and lift switchgear. The products that will be manufactured are currently targeted at serving the local markets and find application in machinery manufacturers selling to food, pharma and FMCG industry, material handling OEMs, textile industry, alternate energy sectors and manufacturers of automobiles and auto ancillary industries.

The Ranjangaon plant will be Schmersal's sixth after Wuppertal, Wettenberg and Muhldorf (all in Germany), Boituva in Brazil and Shanghai in China.
 
                 
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