Bonfiglioli Invests Rs 100 Cr In Pune Plant

Bonfiglioli Transmissions, the Indian subsidiary of Bonfiglioli Riduttori S.p.A., on Thursday, said that it has invested Rs 100 crore in its Pune plant to increase its manufacturing capabilities in India.

The company's Pune facility is spread over 42,500 sq. meters high-tech and started operations today. It featured high-tech and real-time smart assembly operations alongside an eco-friendly and people-friendly environment. 

Almost 80 per cent of its plant is solar-powered. With the new facility being fully functional, the company aims to better serve its markets in the western region, catering to over 20 verticals in the discrete manufacturing and process sector. It also intends to offer a wide range of customized products, reduce lead time, and quick delivery timelines due to increased proximity.

“The new facility has the highest standards of quality and safety, consistent with other Bonfiglioli locations worldwide. It is a hi-tech, real-time smart assembly facility that will help us introduce a wide range of products to 20-odd verticals, including food, packaging, cement, steel, pharmaceutical, textile, material handling, sugar, power generation, paper, and water treatment sectors," said, Kennady V. Kaippally, Country Manager of Bonfiglioli India.

Following the commencement of the new facility, Bonfiglioli Transmissions has expanded its team size, hiring more skilled staff and technicians. The company, in operation in India since 1998, has three production facilities: two in Chennai, and one in Pune. It is a market leader in the country in a range of gear motors, drive systems, planetary gearboxes, and inverters that find applications in industrial automation, mobile machinery, and renewable energy, among others. Currently, Bonfiglioli has a production capacity of over 3,50,000 units of gearboxes and gear motors, its flagship product categories. Its turnover for the 2022-2023 financial year is INR 1,428 crores and is scheduled to close at 1,650 crores for the year 2023-2024.