LAPP, one of the leading suppliers of integrated solutions and branded products in the field of cable and connection technology for global industries, has invested ₹220 million in their manufacturing facility in Pilukhedi, Bhopal. The investment aims to strengthen LAPP’s foothold in India towards its vision of ` 10 billion by 2020.
LAPP’s Bhopal manufacturing facility was established in the year 2012 and with an initial investment of ₹450 million which now grows to a total of ` 810 million. The company has installed new state-of-the-art, high-end machineries such as 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.
“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,” said Gorge Stowowy, Chief Technology Officer and Member of the Board of Directors, LAPP Holding AG at the event.
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,” says Marc Jarrault, Managing Director, LAPP India Pvt Ltd.