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German firm LAPP invests Rs 220 mn in Bhopal facility
Industry News- Nov 29,18
With this, LAPP will double the production capacity of power and control cables under its ÖLFLEX brand, and also expand its communication cables with the production of UNITRONIC brand
Bangalore, November 29, 2018
The Germany-based LAPP, a leading supplier of integrated solutions and branded products in the field of cable and connection technology for global industries, has expanded its facility in Pilukhedi (Bhopal, Madhya Pradesh) with an investment of Rs 220 million. The investment is aimed to strengthen LAPP’s foothold in India towards its vision of Rs 10 billion by 2020.
LAPP’s Bhopal manufacturing facility was established in the year 2012 and with an initial investment of Rs 450 million which now grows to a total of Rs 810 million. Currently, the facility is spread across 60,000 sq ft with the capacity to produce 216,000 kms of single core wires catering to the fast-expanding building and panel builders sector as well as 36,000 kms of multicore cables.
With this investment, the facility has been expanded by an additional 30,000 sq ft. The company has installed new state-of-the-art, high-end machineries like Rosendahl Insulation line and Tubular Stranding Line for doubling its production capacity. These additions will help serve the OEMs, automation, machine tools, panel builders, and residential and commercial building markets. LAPP India has procured braiding machines to support the growing demand for shielded multicore cables and data communication cables for the process industries such as food & beverage.
The extended facility was inaugurated in the presence of Georg Stawowy (Chief Technology Officer and Member of the Board of Directors, LAPP Holding AG); Dr Hilmar Doering (Chief Human Resource Officer and Member of Supervisory Board) and Hyungeon Park (Chief Technology Officer, Lapp Asia Pacific).
Georg Stawowy said, “Bhopal plant is the most productive factory of LAPP. This year investment will not only double de facto Bhopal’s production capacity in power and control cables under our ÖLFLEX brand, but also allow LAPP to expand in the growing market of communication cables with the production of our UNITRONIC brand and meet the demands of our rapidly growing and evolving customers.”
The facility will now have an extended warehouse capacity and will serve as a mother warehouse to deliver products to customers located across India. “Our Bhopal plant is a major contributor to our growth in India. Due to its geographical advantage, it helps us deliver the products faster across India and fully contribute to the delightful purchase experience of our customers,” said Marc Jarrault, Managing Director, LAPP India Pvt Ltd.
LAPP marks the 20thanniversary of its manufacturing presence in India in 2018. Being the first multinational in the field of cable and connection technology to establish operations in India, LAPP India is the second largest company of the LAPP Group outside Germany.
LAPP
OLFLEX
control cables
power cables
UNITRONIC
communication cables
Automation
Machine Tools
Marc Jarrault
Gorge Stowowy
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