The project has come up with an investment of Rs.60 crore
R. STAHL, a world leader in the manufacture of explosion-proof electrical and instrumentation equipment, has set up a greenfield project near Singaperumalkoil at the Sengundrum Industrial Area, some 40 km from here.
R.STAHL is a fully-owned subsidiary of R. STAHL AG of Germany. The project has come up with an investment of Rs.60 crore.
“The capacity of plant in terms of revenue per year is 25 million euros,” said a company spokesperson. “We can't define capacity in tonnage, as we are into component-level manufacturing,” she added.
Products made in India will include, among others, explosion-proof lighting, switchgear, signalling and some assemblies of automation equipment. All these find their application in hazardous areas that prevail in oil and gas, chemical, pharmaceutical, food and beverages, industries, says a release.
The plant officially went on stream on Wednesday.
R. STAHL AG set up a subsidiary in India way back in 1988.
Since then, it has traversed a long distance to establish a full fledged manufacturing unit, one of the biggest of the subsidiaries of R. STAHL AG.
“The investment in the Indian plant is basically to cater to the market requirements of the Indian as well as the Asia-Pacific countries,” a release said.
“The geographical position of India in Asia as a whole, and the abundance of resources available in India in terms of space, skilled work force, technically-qualified professionals and support from the Government were some of the reasons why the parent company finalised the Indian plant to be the manufacturing hub for Asia-Pacific region,” the release added.