Leading concreting equipment
solutions provider, Ajax Fiori has announced the expansion of its operations at
Doddaballapur & Gowribidanur, near Bangalore in Karnataka. The Rs 100 crore
expansion will include a new world class manufacturing facility at
Doddaballapur and expansion of its existing manufacturing facility at
Gowribidanur. This will be the fourth plant in India and in line with its
investment commitment and expansion plan in India.
The new manufacturing facility
is setup in a 10 acre plot with a built-up area of 150000 sq. ft. This plant is
a dedicated facility for manufacturing self-loading concrete mixers, for which
Ajax Fiori is the global leader. It will serve the expanding domestic market,
and also cater to export demands of countries in Middle East, South Asia and
Africa. This facility will also house the “Ajax Fiori School of Concrete” – an in-house
Training Centre focused on training of operators, technicians, supervisors and
engineers on concreting techniques and optimum usage of machineries, thereby
enhancing skill development.
The initial capacity of the
plant is 6000 units per annum and will be scaled up to 9000 units per annum
eventually. The construction of the plant is nearing completion and the
facility will be fully operational by second quarter of 2018.
The existing manufacturing
facility at Gowribidanur is also being expanded by another 150000 sq. ft. area
for manufacturing Transit Mixers of capacity from 6 cum to 10 cum. The total
area for this facility is 20 acres. This facility will now have the capacity to
roll out 300 batching plants and 1000 transit mixers per annum, that can be
rapidly scaled up to 1000nos. and 3000 nos. respectively. The expansion work is
already in progress and will be fully operational by end of 2018.
Ajax Fiori is among the top
two manufacturer of concreting equipment and had a consistent growth of 40% in
the last few years. The Bangalore plant currently employees 375 people and with
this new facility it is expected to generate additional employment of 250 in
Jagdish Bhat, CEO, Ajax Fiori
stated, “Over the last 25 years, Ajax Fiori has brought innovative and cost
effective solutions to the construction industry. We see exceptional
opportunities as the economy strengthens in the near to midterm and
infrastructure environment continues to evolve for construction equipment
manufacturer like Ajax Fiori. Apart from our product range expansion, we have
increased our distribution network and have over 80 touch points pan India.
This new facility will help us add capacity and enhance our product portfolio
to serve our customer needs in future. This new facility not only supports our
commitment to India’s economy but it also presents a significant opportunity
for our strong growth in India. Having foreseen the product’s suitability
across various applications and the increased demand across geographies, Ajax
Fiori has ambitions to create a significant presence beyond Indian shores in
the coming years.”
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