LAPP invests ₹220 million in Bhopal facility

December 11, 2018 2:43 pm

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.

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