Wipro Infrastructure Engineering to to set up Rs 50 cr plant in Bangalore

BANGALORE: Wipro Infrastructure Engineering, the hydraulics business of Wipro and Kawasaki Heavy Industries, will invest 50 crore to set up a facility in Bangalore to make hydraulic pumps for excavators, the company announced on Tuesday.

The joint venture, called Wipro Kawasaki Precision Machinery, will have an initial capacity of 4,000 pumps which would be increased to 15,000 pumps by 2015, said Wipro in a statement. The new manufacturing unit will be its eleventh manufacturing location globally.

Kawasaki's Precision Machinery Company manufactures hydraulic components and equipment used in construction machinery as well as motor cycle, aircraft, rolling stock, ships, industrial robots plants and equipment.