Harting
Harting

Do you want to advertise here? Contact us

LMW
LMW

Do you want to advertise here? Contact us

OEM Update
.

HARTING in expansion spree, to set up facility in Chennai

By admin February 17, 2015 11:46 am

 HARTING offers electrical and electronic connectors, device terminations, network components as well as cable harnesses for networks or machinery, or for power and data application in factories. On the sidelines of IMTEX 2015, Girish Rao speaks to Subhajit Roy and talks on the company’s aggressive growth plan.
How was the year 2014 for HARTING in India and what is yourtarget for 2015?Though a lot is being talked about growth and positive sentiment, we are yet to see the impact in the market. If we look at the machine tools market, the demand is always driven by the automobile industry. Most of the metal cutting machines and metal forming machines come under the industrial automobile sector.Currently, the automobile industry is not investing much in the market.Therefore, there is a slowdown in the machine tools market.
At HARTING India, we are doing really well in the OEM segment and growing faster than the market. Our year-on-year growth rate has been more than 20 per cent. We achieved around 28 per cent growth during the first quarter (Oct – Dec 14) compared to last year.
What is your long-term prospective for HARTING India?Our long-term perspective is ‘Vision 2020’and we have defined our strategy based on that. We have to grow atleast by 20 per cent every year to reach our 2020 objectives.
From the corporate initiative, our core strategy will be ‘JUMP Strategy’ which means whatever we are doing we need to jump to the next level. We would like to become a complete solutions provider in the component segment and therefore add value to our customers.
What are your efforts to achieve this vision?We already have a small facilitynearChennai and would like to enhance our manufacturing facility. We are in search of around 12 acres of land in and around Chennai having good connectivity with the airport and port as there will be a lot of German interactions.  Also, today we have around 50 distributors and going forward we would like to have around 150 distributors.

Advertising

OEM Android App

Your future advertising space? Our media data

Cookie Consent

We use cookies to personalize your experience. By continuing to visit this website you agree to our Terms & Conditions, Privacy Policy and Cookie Policy.

Tags:
Webinar
Webinar

Do you want to advertise here? Contact us

OEM Update QR Code
OEM Update QR Code

Events

PTC Asia
PTC Asia
World of Photonics India
World of Photonics India
IFFE Expo
IFFE Expo
Clean India Show
Clean India Show
Factory Automation Expo
Factory Automation Expo
India Essen Welding and Cutting Expo
India Essen Welding and Cutting Expo
Logimat India
Logimat India
Metal Forming Expo
Metal Forming Expo

eMagazine October 2024

eMagazine October 2024
eMagazine October 2024

Do you want to advertise here? Contact us

Our Sponsors

DIRAK
DIRAK
Pragati Gears
Pragati Gears
Carl Zeiss India
Carl Zeiss India
STMCNC
STMCNC
Nord
Nord
Messer Cutting
Messer Cutting
Atos Profilo
Atos Profilo
Fronius
Fronius
SCHMALZ
SCHMALZ
Sigma-Weild
Sigma-Weild
Mallcom
Mallcom
igus
igus
DH Secheron Electrodes
DH Secheron Electrodes
Timken India
Timken India
UNP Polyvalves India Pvt Ltd
UNP Polyvalves India Pvt Ltd
ENS Oils & Lubricants
ENS Oils & Lubricants
Super Slides
Super Slides
Autonics
Autonics
Fuel Instruments  Engineers
Fuel Instruments  Engineers
Velvex
Velvex
Universal Orbital
Universal Orbital
Chicago Pneumatic Tools
Chicago Pneumatic Tools
MMC Hardmetal Pvt Ltd
MMC Hardmetal Pvt Ltd
Mennekes
Mennekes
ACD Machines
ACD Machines
TruCut
TruCut
tectyl
tectyl
BKT Tires
BKT Tires
Fibro India
Fibro India
Deceler
Deceler
Balluff
Balluff
Urgo Capital
Urgo Capital
Amsak Cranes
Amsak Cranes
Molygraph
Molygraph
SKS Welding
SKS Welding
pioneer Cranes
pioneer Cranes
Exorint
Exorint
Schmersal India
Schmersal India
Exon mobil
Exon mobil