By Rebika Singam
As the government prepares to take a final call on the new manufacturing policy floated by the Department of Industrial Policy and Promotion (DIPP) of the Ministry of Commerce and Industry, India is all set to change its growth strategy and increase its share of manufacturing-driven exports. The policy aims to increase the contribution of manufacturing in the total gross domestic product from the current 16 per cent to 25 per cent by 2022, with the idea of shifting a large proportion of the workforce to manufacturing. India is also expected to attract huge foreign investments, besides encouraging large scale industrial activity.
Various companies catering to different sectors such as consumer and industrial electronics, telecom equipment and solar power generation, are on their way to expanding or setting up new facilities, and even forming joint ventures to tap the huge opportunities available within the country. These new projects will facilitate and boost test and measurement, SMT and EMS companies to extend their services and product range.
This column features the companies that are setting up manufacturing facilities in India or are expanding their existing plants. Do follow this space every month to know about the latest developments in this domain.
| The company | About the facility |
| (1) Delta Electronics (India) Products manufactured: Power electronics devices, components, industrial automation, display and photovoltaic (PV) solutions |
Delta India will set up its fourth manufacturing facility at SIPCOT’s high-tech SEZ, in Sri Perumbudur, Chennai. The unit will manufacture solar inverters, components and power supplies. The facility is spread over 61674.091 sq m (15.24 acres). The construction of the plant has already begun and is expected to be operational by mid-2012. Delta will invest around Rs 1170 million in this manufacturing unit, and expects to generate employment for nearly 2000 people in the region. Contact details: Col Arun Sharma, director, projects and infrastructure,
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| (2) Vikram Solar Ltd Products manufactured: Solar PV modules |
The company has entered into a joint venture with Proener Renovables, a Spanish company, to build solar power facilities in India. Vikram-Proener will build a 2 MW project at Raipur in Chattisgarh for an approximate investment of Rs 250 million (Rs 25 crore). The plant will start operating by July 2011. The project aims to generate revenue of Rs 10 billion (Rs 1000 crore) in the coming three years and Rs 2.5 billion (Rs 250 crore) in its first year of operation. Apart from this project, a 1 MW project is coming up in Rourkela, Orissa. Vikram Solar has also won the contract to build another 5 MW project in Gujarat, which is likely to be executed by the second and third quarter of this year. Contact details: Tobacco House, 1, Old Court House Corner, Kolkata 700001; Ph: +91-33-22307999; Fax: +91-33-22484881; [email protected]; www.vikramsolar.com |
| (3)Bharat Heavy Electricals Ltd (BHEL)
Products manufactured: Power semiconductor devices, space grade solar panels and space quality batteries. Other products include grid interactive, hybrid and standalone PV power generation systems |
BHEL, along with Bharat Electronics Limited (BEL), will be forming a joint venture company (JVC) to set up an integrated 250 MW solar PV module plant. The JVC has shortlisted a location in Kolar district, another near Bengaluru and one in Andhra Pradesh for setting up the proposed solar PV plant at an investment of Rs 20 billion (Rs 2000 crore).The integrated plant will manufacture polysilicon ingots, wafers, solar cells, PV modules and panel systems. Contact details: BHEL House, Siri Fort, New Delhi 110049; Ph: +91-11-66337000 (multiple lines); Fax: +91-11-26493021, +91-11-26492534; [email protected]; www.bhel.com |
| (2)Wipro Infrastructure Engineering
Products manufactured: |
Wipro Infrastructure Engineering (a division of Wipro Ltd) will be investing about US$ 15 million to establish a greenfield venture to manufacture aerospace actuators and related precision engineered components in the new SEZ for aerospace that is being set up at Devanahalli, Karnataka. The serial production is likely to start by the end of 2012. For this, Wipro has tied up with CESA (Compania Espanola De Sistemas Aeronauticos SA), a subsidiary of the Aerospace and Defence Corporation, EADS, to help in transfer of technology from CESA to Wipro. Contact details: No 88, SB Tower, 4th floor, MG Road, Bengaluru 560001; Ph: +91-80-41994000; Fax: +91-80-39294080; [email protected]; www.wiproinfra.com |
