Electric motor plant opens in India
A
WEG Electric Motors product story
Edited by the Engineeringtalk editorial team
Jun 6, 2008
WEG has made an investment of US $50 million in its new Indian facility, with the conversion of a 170,000m2 existing property.
WEG is planning an expansion into India, with the construction of a new plant for the manufacture of a new line of electrical motors.
The new plant will be built in Hosur, a city next to Bangalore, in the state of Tamil Nadi.
An investment of US $50 million is required to get the project off the ground, with the conversion of a 170,000m2 existing property.
It is anticipated the new plant will start the production of electrical motors at the end of 2009, reaching total capacity by the end of 2013.
The new plant will improve the international distribution capacity of the company's products and will also improve the production capacity in selected markets.
WEG's Vice President and International Director, Sergio Schwartz, said that India has proved itself as an extremely attractive market since the company started commercialisation activities with its own subsidiary in 2004.
He said: "We delivered important feeding in irrigation projects, generation of power, electrical, hydraulic and thermal.
Asia in general is a region with large market growth and there are many possibilities for expansion in our line business.
This new plant shows our commitment to the region for future improvement and also with the development of WEG itself.
The Administrative and Investor Relations Director of WEG, Alidor Lueders, said the Banglore region is especially attractive for operations similar to WEG's.
He said: "The area offers excellent educational institutions and the qualified workforce in the area is very high.
The infrastructure of the area is also very good, with close access to major highways, railways and international airports".
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