Home Business Gunnebo expands its Halol plant capacity by 50% making it largest safe...

Gunnebo expands its Halol plant capacity by 50% making it largest safe storage products factory in India

0



AHMEDABAD: Gunnebo, a international chief in bodily safety options, introduced the growth of its safe storage factory at Halol, Gujarat. With this growth, the plant at Halol turns into the largest facility for bodily safety options in the safe storage class in India, the corporate mentioned. The factory was established in 1984 and at the moment manufactures a large portfolio of products like excessive safety safes, strongroom doorways, vaults, fireplace cupboards, safe deposit lockers, ATM safes and excessive safety locks.
Stefan Syren, President and CEO, Gunnebo Group, mentioned, “Post this phase of expansion, the Halol facility becomes our largest manufacturing unit globally, and will continue to produce high grade safe storage products under the iconic Steelage and Chubbsafes brands.With an investment of Rs 75 crore in this phase, our production capacity for high grade safe storage products is expected to increase by 50%, which will be achieved through a combination plant expansion, automation and efficiency improvements. This milestone is a testament of our commitment to the Indian market and will help us cater to the growing demand of high-quality security products in this country.”
Strategically situated in Halol, Gujarat, a prominent manufacturing hub well connected with global markets due to its proximity to large ports, supplier base and with other parts of the country through a robust road network, the expanded facility will boost the group’s ability to serve the unique needs of the Indian sub-continent more effectively. Equipped with cutting-edge technology, the plant’s R&D facility is dedicated to developing innovative products for the Indian market and beyond.
Sabyasachi Sengupta, vice president Asia, Gunnebo safe storage, said, ” This funding underscores our dedication to ‘Make In India’ and locations us in a vantage place to service the rising demand from Indian prospects in the subsequent decade.”
Gunnebo Group, primarily based in Gothenburg, Sweden, has a wealthy heritage spanning over 250 years and is a world chief in bodily safety options that assist hold valuables, money and other people safe. In 2000, Gunnebo Group acquired the main Indian firm Steelage.


NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version