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Atlas Copco to inaugurate new factory in Pune
2023-09-04
Atlas Copco Group, a leader in compressors, vacuum solutions, generators, pumps, power tools and assembly systems, has begun constructing its new manufacturing facility in Talegaon, Pune.
Atlas Copco’s new state-of-the-art air and gas compressor system factory in Talegaon will manufacture systems for the local market and also for export. It encompasses a manufacturing plant and office building spanning approximately 2,70,000 sq ft and the investment planned is MINR 1400 (about MEUR 15.0).
The new facility is planned to be completed by Q2, 2024. It will generate additional employment for over 200 people and add production capacity.
Philippe Ernens, President Oil-free Air division, commented on the announcement of the new facility, “We invest further in capacity in India to cater to the growing demand of the Indian and export markets. This expansion project is part of our strategy to remain first in mind, and first in choice for our customers. It will enable us to reach new customers and markets and improve lead times to customers.”
Marcelo Kabilio, Vice President – Operations, Atlas Copco India, said, “Our passionate teams involved in designing and making these innovative products at this new factory will help support our customers’ productivity and sustainability goals.”
At the Talegaon facility, around 80 per cent of the energy will come from solar panels and three-fourths of the water consumed will be derived from rainwater harvesting. The construction will align with the LEED (Leadership in Environmental Energy and Design) concept.?
Atlas Copco (India), started operations in 1960 and has offices across India, the registered office being in Pune. Atlas Copco (India) had over 3,000 employees and revenues of about Rs 4,000 as of March 31, 2023.
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