New Delhi (NM Bureau): Delhi NCR region has a new feather in its cap now. The last week of October saw the plant opening ceremony of IMI Precision Engineering’s brand new 67,000 square foot facility in the prime industrial area of Noida.
This is IMI Precision Engineering’s second largest manufacturing site in the Asia Pacific region, and has been built to meet the demand for its branded products. Known for brands such as IMI Norgren, IMI Buschjost, IMI FAS, IMI Herion and IMI Maxseal, IMI Precision Engineering is a world leader in pneumatic motion and fluid control technologies.WithIMI’s global manufacturing and product standards at its core, this new ‘built to suit’ plant has used Lean principals throughout andreplicates best practice from its many manufacturing centres throughout the world.
Kuldeep Bhan, Managing Director of 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 & 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 for 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.”
The state-of-art production facility is slated to give a major boost to the employment scenario in the capital region.