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Bonfiglioli to invest Rs 85 cr to expand Indian operations

  Italian firm Bonfiglioli plans to invest Rs 85 crore to improve its existing facilities in Chennai and construction of a new facility in Chakan area at Pune. The group has also announced expansion of its operations in the company headquarters in Bologna, Italy. 
Expanding operations in IndiaThe current plants in Chennai, located at the SIDCO Industrial Area, Thirumudivakkam, and Mannur plant located near Sriperumbudur are highly integrated facilities that manufacture gearboxes and gearmotors for mobile machinery, wind turbines and industrial processes.  The facilities also house an R&D centre, which develops products tailor-made for the Indian market. 
A new facility of 140,000 sq.ft will be built, adjacent to the current plant at Thirumudivakkam. It will house modern assembly lines, R&D Centre and test labs, all built with the highest standards of quality and safety, consistent with Bonfiglioli locations worldwide.   The expected capacity is 75,000 units per year and will enable Bonfiglioli to serve existing and new markets and customers in off-highway, construction, mining, agriculture and material handling applications.
A completely new facility will be built near Pune and is expected to be ready in March 2017.  This new facility will be approximately 45,000 sq.ft., including 3,000 sq. ft. of office space and will contain 11 assembly centres and 2,000 warehouse locations.
Adding ‘smart’ facility in BolognaIn Bologna, Italy, the company will break ground on a new smart factory based on Industry 4.0 technologies and innovations.  The new production plant, an investment of Rs 450 crore, is expected to begin in early 2017.  Sonia Bonfiglioli, Chairman of Bonfiglioli Group, stated “The new plant in Bologna will be an industry benchmark, with smart and efficient systems required for Industry 4.0 operations, while the expansions in India will enable Bonfiglioli to increase the production capacity in India to drastically reduce lead times to customers in India and nearby countries – all with the goal to help sustain Bonfiglioli through the next 60 years and beyond.”

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