Hager India sets up a corporate office in Pune

PUNE: Hager India, a subsidiary of the Euro 1.4 billion provider of electro-technical solutions and services for buildings, has set up a corporate office in Pune. This follows the setting up of a production plant at Lonikand, near Pune, three years ago. The Pune office will focus on studying market trends and new product and solution introduction into the Indian market, according to a statement issued here.

The company now plans to enter the Indian home automation market by the end of the year, with plans to work with system integrators to provide solutions for lighting management in homes and commercial buildings. It plans to ramp up production capacities and setting up its own molding unit.

The statement quoted Benoit Lecuyer, managing director, Hager India, as saying, "The Hager Group has identified India as a strategic country to grow its market share and invest in future growth plans. We have a local warehousing facility which allows on time delivery for our clients."