Fuji Electric India announced the inauguration of its new state-of-the-art and environment friendly factory on March 15, 2023.
Built at a cost of Rs.150 crore, the factory located in Chennai is expected to produce 3,500 drives per month in single shift. There are plans to also make 2,00,000 PCBs (printed circuit boards) annually out of the new facility.
The manufacturing facility is fully automated and has the capacity to produce a range of products on a scale of 0.4kW to 75KW, as of now. There are plans to scale it up to 710 KW.
The factory will cater to requirements from cranes, lift, cement, boilers, HVAC, oil & gas and heavy industries.
Also read:Fuji Electric Awarded Prestigious India Design Mark
According to Shivaji Waghmare, CEO, Fuji Electric India, the need for capacity expansion arose from two reasons: “The first is to invest in latest manufacturing technology in close collaboration with our parent company in Japan to provide high quality products. The second is to increase capacity ahead of market requirements to meet our customers’ growing demand.”
Critical equipment
Some of the critical equipment has been imported from Japan to match manufacturing processes between Fuji Electric India and Fuji Electric. The overall layout of the various functional areas of the factory has been improved to ensure a more efficient flow of materials, from receiving and storage to assembly, packaging and finally shipment, according to Kentaroh Yamaguchi, Director, Fuji Electric India.
Fuji Electric India produces world-class automation products for various applications. It is the leading supplier of drives and automation products in both the domestic and export markets.
Targeting 25 pc growth
“The investment put into setting up this modern manufacturing plant in India will fulfil our vision to manufacture automation products, help us meet customers’ demands and also propel to becoming a Rs.1,500-crore company by the end of 2024. Initially, we would be recruiting more than 250 employees for the new factory. With all the factors working to our advantage, we are expected to grow over 25 per cent in coming years,” noted Yosuke Ishizaka, Managing Director, Fuji Electric India.
