Linnhoff India sets up manufacturing facility near Pune

Pune: Linnhoff, the Germany-based maker of asphalt batching and concrete mixing plants, has built a greenfield manufacturing facility at Khed City near Pune; it also plans to set up a research and development centre in the same location.

Cost cutting Set up at an investment of Rs. 50 crore, this is Linnhoff’s fifth manufacturing facility worldwide and will cater to both domestic and export needs. The German company has been supplying machines to the Indian market since 1984, and local manufacture will cut costs by nearly 30 per cent while cutting lead time, it said. Linnhoff India is a 51:49 JV company between Linnhoff and S&T Group Mumbai.

The India plant has an installed capacity to make 100 machines a year, and uses recycled asphalt to extract bitumen, uses coal instead of oil for fuel, and can make mixing machines for smaller contractors.

The Indian market is growing rapidly and with the government enforcing standards like plants that record data. Linnhoff is targeting a higher market share which is 42 per cent at present, said Klaus Thesenfitz, Chairman, Linnhoff.

The company is also working on building plants that can be transported by containers, he added.

Turnover target Ashok Tanna, Managing Director, Linnhoff India, said the company was targeting Rs. 150 crore in turnover in one year of operations and Rs. 300 crore in five years’ time.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.