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KION Group to set up new industrial truck facility in India

2019-04-01

KION GROUP AG continues to focus on growth and is expanding its Indian production site in Pune in the state of Maharashtra with the construction of a new industrial truck production facility. Capital expenditure on this pioneering project will amount to approximately ?15 million. The new plant, which covers around 94,000 sq m, is due to be launched in early 2020. It will incorporate a cutting-edge production facility, a research and development centre, a training centre for service personnel and space for future growth of Dematic in India. Dematic is the most recent member of the KION Group and a global leader in intelligent supply chain, software and automation solutions. The company aims to leverage the strong market position and customer base of the KION brands, especially in warehousing and logistics.

The KION Group is aiming to leverage growth in the Indian intra-logistics sector, particularly through its OM and OM Voltas brands. ?We want to harness the potential of this fast-growing market even more effectively with our new plant while further strengthening our leading position by increasing capacity in Pune,? said CP Quek, Chief Asia Pacific Officer and member of the Executive Board of KION GROUP AG, during the plant's official groundbreaking ceremony.

?The new leading-edge plant and R&D centre will allow us to better serve our customers in the rapidly expanding Indian market,? noted Eike B?hm, Chief Technology Officer and member of the Executive Board of KION GROUP AG.

?We want to be even more efficient in production and after sales. Our current workforce and the anticipated 100 new employees will benefit from the latest work environment while the new R&D centre and the market launch of Dematic will open up further opportunities,? said Sunil Gupta, President of KION India.