Tuesday, 06 March 2012 21:00

Vacon inaugurates new factory in India

Written by 
Rate this item
(0 votes)

Global AC drives manufacturer Vacon expands its factory operations in India. A new factory has recently been taken into use in Bangalore. The factory occupies a total area of 2,500 square meters.

Vacon's subsidiary in India was established in 2006, and is headquartered in Chennai with local sales offices around the country. The new factory focuses on designing and manufacturing Vacon's AC drive solutions for customers. The plant also has an after-sales service center.

"Vacon has been growing fast in India. This new factory will improve our competitive edge in the local markets as the AC drive solutions provided by our factory are in demand among our customers. In India, there is a considerable level of awareness of the benefits the AC drives can bring," says Shailendra Salvi, the Managing Director for Vacon's subsidiary in India.

"The new factory will considerably improve our possibilities to meet our customers' needs. The Indian AC drives market is huge, but at the same time, the competition is fierce. Vacon's personnel in India have done a great job, and the new factory opens new opportunities," concludes Mr Salvi.

Additional Info

Vacon in brief

Vacon is driven by a passion to develop, manufacture and sell the best AC drives and inverters in the world - and to provide efficient life-cycle services for its customers. Our AC drives offer optimum process control and energy efficiency for electric motors. Vacon inverters are a key component in producing energy from renewable sources. We have R&D and production units in Finland, the USA, China and Italy, and sales & service offices in 27 countries. In 2011, Vacon had revenues of EUR 380.9 million and globally employed approximately 1,500 people. The shares of Vacon Plc (VAC1V) are quoted on the main list of the Helsinki stock exchange.

www.vacon.com

Further information

  • Shailendra Salvi, Managing Director, Vacon India, phone +91 994 015 0180, shailendra.salvi(at)vacon.com
  • Sebastian Linko, Director, Corporate Communications and Investor Relations, phone +358 (0)40 8371 634, sebastian.linko(at)vacon.com 
Read 2660 times