00 ItMa 2011 (exclusive Feature) - Textile Magazine

CorporAte news
Atlas Copco’s new manufacturing
facility coming up near pune
Atlas Copco has decided
to set up a new compressormanufacturing
facility near pune
to meet an anticipated
strong growth in demand
in the coming
years. the investment
of about rs. 100 crores
will also serve to broaden
the product offering
to customers in india.
14 | ThE TEXTILE MAGAZINE OCTOBER 2011
Atlas Copco (India)
Ltd. has already acquired
land at Chakan
near Pune where work
on the new factory
has started. Construction
will be completed
in the second half of
2012.
The new facility will
produce stationary industrial
and portable
compressors, while
Atlas Copco’s existing
plant in Dapodi,
Pune, will focus on the
production of oil-free
compressors.
“The outlook for India’s
economic development
remains good,
and we now have an
excellent opportunity
to significantly
increase production capacity in the
country, with a modern facility and
efficient logistics,” says Stephan
Kuhn, Business Area President, Atlas
Copco Compressor Technique.
Atlas Copco, which employs
about 2,300 people in India, currently
manufactures compressed
air equipment at its plant in Pune-
Dapodi, while construction and
mining equipment are manufactured
in Nasik and Hyderabad. The group
also has engineering centers located
in Pune and in Bangalore, support-
Mr. FIlIP VAnDEnBERGhE, Managing Director
ing development of products in India
and elsewhere.
In 2010, Atlas Copco India posted
revenue of Rs. 1,690 crores as
against the previous year’s Rs. 1,280
crores, showing an overall growth of
32 per cent.
The industrial segment develops,
manufactures and markets a wide
range of air and gas compressors, of
both rotary and reciprocating technology,
oil injected and oil free, in
various powers, pressure ranges and
capacities to serve the diverse needs