Leoni expands Pune facility; invests €10 million more

Leoni an European provider of cables and cable systems to the automotive sector and other industries, has enhanced its location at Chakan, Pune. Leoni has invested more than €10 million into the expansion of its location. The company inaugurated an electron beam accelerator, which allows to provide high performance cables to customers from various industries such as railway and solar.

Now, the combined production area has increased to more than 20,000 sq mt and a capacity to manufacture 80,000 KM per year of electron beam cross linked cables, which ensure a higher degree of safety, superior performance and greater efficiency. In the e-beam process, Leoni treats its cables with extremely accelerated electrons, thus crosslinking their chemical structure. As a consequence, the cables obtain the properties of comparatively more expensive, usually more difficult to process high performance products.

“India is an important country for the realisation of the Company’s globalisation strategy. The expansion at Chakan will strengthen its leading position in the country and enable it to support India’s economic development as well as generate employment opportunities both for the high skilled and well trained workforce in the Pune region,” the company said.

“I am confident, that this major investment will contribute to the growth of our business in India. Thanks to the new technology, we are able to provide superior solutions for the country’s rising needs with regard to the initiative ‘Make in India’,” states Bruno Fankhauser, member of Leoni AG’s Board of Directors, Wire and Cable Solutions Division.