Bonfiglioli Transmissions Pvt Ltd, the Indian subsidiary of Bonfiglioli Riduttori S.p.A. has announced its expansion plans in India and also in the company headquarters in Bologna, Italy.As part of the plans in India, the company will set up an all-new facility in Chakan, Pune. 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, all built to the highest standards of quality and safety, consistent with Bonfiglioli locations worldwide. The expected capacity is 150,000 units per year to serve customers in food, packaging, cement, steel, pharmaceutical, textile, material handling, sugar, power generation, paper and water treatment sectors.
A new facility of 140,000 sq ft will also be built adjacent to the current plant at Thirumudivakkam in Chennai. It will house modern assembly lines, R&D Centre and test labs, all built with the standards of 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. The expansion in India will entail a total investment of Rs 85 crore (Euro 11.3 million).
In Bologna, 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 (Euro 60 million), will cover an area of 1.6 million sq ft and produce 800,000 units per year in an eco-friendly and people-friendly environment. Construction of the new factory is expected to begin in early 2017.