Published On:March 20 2014
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Baumer sets up engineering and assembly centre in Pune.
Switzerland-based Baumer Group has set up an engineering, training and assembly operations at Pune to manufacture electronic pressure sensors. Present in India since 2007, Baumer India also plans to begin sourcing of local components.
Oliver Vietze, CEO and Chairman, Baumer Group, said that the company had invested $25 million in its Indian operations. 'In Pune we will ramp up our operations by investing $10 million over next two years and increase the headcount from 30 to over 100 people,' he said.
After electronic pressure sensors, the next phase of expansion would be manufacture of encoders and sensors, he said, adding that the production will also be used for exports at a later stage.
HBL