Cummins lines up expansion
Cummins India and its consolidated subsidiaries are in expansion mode, with three greenfield facilities and a new plant at its existing Pune location coming up this fiscal.
By TNN |
PUNE: Cummins India and its consolidated subsidiaries are in expansion mode, with three greenfield facilities and a new plant at its existing Pune location coming up this fiscal. Cummins’ big-ticket expansion will be a campus-style, 200-acre sprawl, the location for which is yet to be finalised.
It will require an investment of over Rs 250 crore over a period of three to four years, said Cummins India chairman and managing director Anant Talaulicar.
“The new campus, where production will begin in the next 18-24 months, will co-locate all our products - engines, generators, components like turbo-chargers and alternators. This will allow us to bring in cross-business synergies, including people movement, with all Cummins group companies and businesses. “We will continue with our existing manufacturing at Kothrud, our 100-acre campus in Pune, where we will co-locate all our professional services which do not need to be inside the factory,” Mr Talaulicar told reporters on the sidelines of the company’s 46th AGM on Thursday.
It will require an investment of over Rs 250 crore over a period of three to four years, said Cummins India chairman and managing director Anant Talaulicar.
“The new campus, where production will begin in the next 18-24 months, will co-locate all our products - engines, generators, components like turbo-chargers and alternators. This will allow us to bring in cross-business synergies, including people movement, with all Cummins group companies and businesses. “We will continue with our existing manufacturing at Kothrud, our 100-acre campus in Pune, where we will co-locate all our professional services which do not need to be inside the factory,” Mr Talaulicar told reporters on the sidelines of the company’s 46th AGM on Thursday.
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Mr Talaulicar said the campus will need to be near a port. The most-preferred locations are said to be Baramati and Indapur, though Mr Talaulicar added that locations in Uttaranchal and Uttar Pradesh are also under consideration. Even the Pune plant will share in the expansion, where small capacity engines are manufactured.Start a SIP with as low as ₹500 with ET Money App!
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