Bonfiglioli sets up new facility in Chennai

Bonfiglioli Transmissions Pvt Ltd - the Indian subsidiary of Bonfiglioli Riduttori SpA — worldwide leader in manufacturing gearboxes, gearmotors and drive systems — continues its expansion with a new manufacturing facility in Chennai. Operations commenced in September 2018.
Bonfiglioli sets up new facility in Chennai
Sonia Bonfiglioli, Chairman, Bonfiglioli, flanked by the senior management team

Chennai

The new 132,000-square-foot facility has been built adjacent to the existing plant at the Sidco Industrial Area in Thirumudivakkam. It houses modern assembly lines, a global R&D centre and test labs, all built to quality and safety standards, consistent with Bonfiglioli locations worldwide. 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.
Sonia Bonfiglioli, Chairman, Bonfiglioli Group, says, “We have believed in the potential of this country since 1999, when we laid the cornerstone in Chennai. We have grown over the years, investing in plants, research and development centres, and highly specialised staff. India is a key country for Bonfiglioli, and the good results up to now show we were right when we started the business here in Chennai.”
“This expansion in India is part of its global investment strategy in production and assembly facilities. We are convinced that our factories are the first step in bringing value to our customers. With hi-tech, real-time smart production and superior solutions, we will be able to cater to, evolving needs in India and in our overseas markets across the US, Italy, China and Germany,” she adds. 
This new investment is part of a wider expansion plan for India, which includes the existing facility in Chennai and a plant in Mannur, near Sriperumbudur, both focused on making gearboxes and gearmotors for mobile machinery, wind turbines and industrial processes. Bonfiglioli’s 2017 revenue in India reached Rs 7,332 mn, with growth over 80 pc over the past 5 years. 

Related Stories

No stories found.