Baumer India scales up operations in India

Recently, the company has set up an engineering, training and assembly center at Pune

Image
BS Reporter Pune
Last Updated : Mar 19 2014 | 10:13 PM IST
Baumer India, a part of Swiss sensor manufacturer Baumer Group is scaling up its operations in India. The company is planning to invest $10 million (around Rs 60 crore) in the next two years.

It will  expand with new activities of sourcing local components from India and will manufacture electronic pressure sensors  at Pune. The company, recently, set up an engineering, training and assembly center at Pune. This is the first-of-its kinds in Asia Pacific region. It has acquired Wapi based company Wari Instruments in 2010 for its pressure instruments.

“Over 20 per cent  of our products from here are exported to countries like US , Latin America , China and Middle East.  We have invested $25 million in India.  In Pune, we will ramp up our operations by investing $10 million over next two years and increase the headcount from 30 to more than 100 people . Our next step at Pune after electronic pressure sensors  would be to manufacture encoders and  sensors in the next phase of expansion. The production will also be used for exports at a later stage,” said Oliver Vietze, CEO and chairman, Baumer Group.

He added, “The integration of the Indian market is essential part of the international growth strategy of Baumer. We will start with Indian market requirements but eventually the same products will be offered worldwide through Baumer Sales network.”

Sunil Hasabnis, managing director, Baumer India said, “The new activity to develop parts from local quality vendors for use in local assembly will be for products belonging to segments including sensor solutions, motion control, process instrumentation, vision technology and gluing systems. Depending on the success of this phase, Baumer will contemplate manufacturing of electronic Products of fast moving products and export to other Baumer units.

The local engineering team will also help Baumer factories worldwide develop and sourcing quality components form India.

According to Hasabnis, the Indian market for high technology products that Baumer offers is close Rs 400 crore where Baumer has a market share of 15 per cent in India. Sensor solution business for Baumer is one of the fastest growing with very innovative products introduced in the Indian market. This segment is continuing to grow at 50 per annum basis even under relative slow economic growth this year.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 19 2014 | 8:57 PM IST

Next Story