The plant has competence to make products with 75 % localisation
MUMBAI: Siemens on Friday inaugurated its greenfield high voltage gas insulated switchgear (GIS) factory at Waluj, Aurangabad. The unit has been set up with an investment of Rs. 40 crore and commenced operations in April. This is the first GIS factory to be fully operational in India. This is the tenth factory of Siemens in Maharashtra and the seventh factory belonging to the energy sector in India.
The Aurangabad factory is spread over 5,000 sq. m. and will make highest quality switchgear products ranging from 72.5 kV to 245 kV. In the next phase, it will expand the production to 420 kV switchgears. The factory has established the competence to manufacture products with 75 per cent localisation and will cater to the domestic and export markets. The unit will provide direct employment to about 100 people and indirect employment to about 200 people at full capacity.
Speaking at the inauguration, Armin Bruck, Managing Director, Siemens, said, “With this, we have a strong and complete portfolio in the high voltage T&D (transmission and distribution) sector in India. Our constant endeavour has been to bring high quality and innovative technology to India with emphasis on local manufacturing. Our GIS factory enables us to offer our customers highly reliable GIS products with maximum safety and world-class quality standards. With negligible maintenance cost of the product over a lifecycle, we are able to reduce operating costs for our customers by more than 20 per cent”.
About growth potential of the Indian market, Udo Niehage, CEO of Power Transmission Division Energy Sector, Siemens AG, said, “India is an important growth market for us worldwide. We see a huge scope for GIS products in India as the power sector is growing at a very fast pace."