Bonfiglioli Transmissions Pvt Ltd. has announced that its new manufacturing facility in Chennai, India has commenced operations in September 2018. The Indian subsidiary of Bonfiglioli Riduttori S.p.A., a worldwide leader in manufacturing gearboxes, gearmotors and drive systems gets a new 132,000-square-foot facility built adjacent to the existing plant at the SIDCO Industrial Area in Thirumudivakkam. It houses modern assembly lines, a global R&D center and test labs, all built to the highest quality and safety standards, consistent with Bonfiglioli locations worldwide, stated the company.
With a capacity of 75,000 units per year, the new facility will enable Bonfiglioli to serve existing and new markets and customers in off-highway, construction, mining, agriculture and material handling applications. This new investment is part of a wider expansion plan for India, which includes the existing facility in Chennai and a plant in Mannur, located close to Sriperumbudur, both focused on making gearboxes and gearmotors for mobile machinery, wind turbines and industrial processes. Meanwhile, the recently opened assembly plant in Pune, Western India, provides 90,000 units per year, in the food, packaging, cement, steel, pharmaceutical, textile, material handling, sugar, power generation, paper and water treatment sectors.
Sonia Bonfiglioli, Chairman of Bonfiglioli Group, has said that India is a key country for Bonfiglioli. “This expansion in India is part of the company’s global investment strategy in production and assembly facilities. Indeed, we are convinced that our factories are the first step in bringing value to our customers. With high-tech, real-time smart production and superior solutions, we will be able to cater to growing, evolving needs in India and in our overseas markets across the USA, Italy, China and Germany,” he added.
Bonfiglioli’s 2017 revenue in India reached 7,332 million rupees, equal to 91.65 million euros, with a growth more than 80 percent over the past 5 years. With the new facility in Chennai, the company expects to continue growing in the next year.