Doosan Bobcat India launches manufacturing facility near

The firm, a wholly owned subsidiary of Doosan Bobcat Inc., announced the inauguration of the facility at Gummudipoondi, where it will manufacture Backhoe Loaders

Image
Press Trust of India Chennai
1 min read Last Updated : Aug 30 2019 | 10:45 AM IST

Construction equipment maker Doosan Bobcat India on Wednesday announced the inauguration and commencement of operations from its first manufacturing facility near here.

The firm, a wholly owned subsidiary of Doosan Bobcat Inc., announced the inauguration of the facility at Gummudipoondi, where it will manufacture Backhoe Loaders.

"With a total investment of Rs 190 crore for the next five years, the state-of-the-art factory is spread across an area of 21.6 acres and has an annual production capacity of 8,000 units," a company release said.

The integrated facility with Fabrication and Warehouse, among others, will initially manufacture Backhoe Loaders, completely designed and developed by its city-based engineering team.

"This new facility will cater to the increasing demand of Backhoe Loader to support the development of India's infrastructure and construction segment," Scott Park, CEO, Doosan Bobcat Inc. said.

The company also plans to make this facility a global manufacturing hub for export and a regional centre of excellence, the release said, adding, besides Backhoe Loaders, it was also looking at localising its other compact products to suit Indian market requirement and potentially exporting them as well.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*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

Topics :Construction

First Published: Aug 28 2019 | 6:20 PM IST

Next Story