PUNE: Atlas Copco, a leading manufacturer of compressors, vacuum solutions, generators, pumps, power tools, and assembly systems, has announced the expansion of its manufacturing operations in India with the construction of a new factory in Talegaon, Pune. The new state-of-the-art air and gas compressor system factory will manufacture systems for the local market and for export, generating additional employment for over 200 people and adding production capacity.
The new facility, spanning a total of approximately 270,000 sq. ft., will include a manufacturing plant and office building. The investment planned for the project is MINR 1400 (about MEUR 15.0), and the facility is expected to be completed by Q2 2024.
Philippe Ernens, President Oil-free Air division, commented on the announcement of the new facility, “We invest further in capacity in India to cater to the growing demand of the Indian and export markets. This expansion project is part of our strategy to remain first in mind, and first in choice for our customers. It will enable us to reach new customers and markets and improve lead times to customers.”
Marcelo Kabilio, Vice President of operations, at Atlas Copco India, said, “Our passionate teams involved in designing and making these innovative products at this new factory will help support our customers’ productivity and sustainability goals.”
Around 80% of the energy at the Talegaon facility will come from solar panels, and three-fourths of the water consumed will be derived from rainwater harvesting. The construction will be in line with the LEED (Leadership in Environmental Energy and Design) concept.
The new factory is a significant step for Atlas Copco in expanding its manufacturing operations in India and catering to the growing demand for its products in the region. With the completion of the new facility, the company will be able to reach new customers and markets, improve lead times to customers, and support their productivity and sustainability goals.
