Fuji Electric India, an industrial automation and vitality environment friendly options supplier, has arrange a ₹150-crore facility in Chennai to make 3,500 items of variable frequency drives monthly in a single shift and greater than 2 lakh printed circuit boards (PCBs) per yr. The unit was inaugurated on Wednesday by MD Yosuke Ishizaka, CEO Shivaji Waghmare, Director Kentaroh Yamaguchi, and Business Head – Automation Division B. Karthik.
Mr. Waghmare cited two main causes for the growth. The first, he stated, was to take a position in newest manufacturing expertise to supply prime quality merchandise and secondly to extend capability forward of market necessities.
The new facility has the capability to supply a spread of merchandise from 0.4 kW to 75kW, as of now. There are plans to scale it as much as 710 KW, the corporate stated in an announcement.
The manufacturing facility will cater to the necessities of cranes, lifts, cement, boilers, HVAC, and oil and gasoline and heavy industries.
Fuji stated it was aiming at a turnover of ₹1,500 crore by the top of 2024.
Initially, the corporate could be recruiting greater than 250 workers. It is predicted to develop greater than 25% in the approaching years, stated Mr. Ishizaka.
