Bonfiglioli Transmissions, the Indian subsidiary of Italy-based Bonfiglioli Riduttori, a global leader in power transmission and drive solutions has inaugurated its 42,500 sqmt smart assembly facility in Pune.
The new facility commenced operations from November 30, and features real-time smart assembly operations alongside an eco-friendly environment. The component maker says almost 80% of the energy of the plant is powered using solar power.
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 customised products, reduce lead time, and quick delivery timelines due to increased proximity.
Kennady V. Kaippally, Country Manager, Bonfiglioli India said, “We are committed to supporting industrial development in India by supplying smart and efficient systems required for Industry 4.0 operations. The western region represents a high-growth market, and we are expanding our assembly facility in Pune to meet the needs of the evolving market. The new facility has the highest standards of quality and safety, consistent with other Bonfiglioli locations worldwide.”
Following the commencement of the new facility, Bonfiglioli Transmissions says it has expanded its team size, hiring more skilled staff and technicians. The company, in operation in India since 1998, has three production facilities: 2 in Chennai, and one in Pune. It is leading supplier for a range of gear motors, drive systems, planetary gearboxes, and inverters that find applications in industrial automation, mobile machinery, and renewable energy, among others.
At present, Bonfiglioli has a production capacity of over 350,000 units of gearboxes and gear motors, its flagship product categories. Its turnover for the 2022-2023 financial year is Rs 1,428 crore and is scheduled to touch Rs 1,650 crore for the FY2023-2024.
Fausto Carboni, Group CEO, Bonfiglioli said, “At Bonfiglioli, this facility symbolises more than just an infrastructure expansion, it represents a step forward in our dedication to designing cutting-edge and customer-centric solutions. We are strongly committed not just to meet market demands but to exceed them, and the new Pune plant solidifies the company’s position as a leader in Power Transmission and Drive Solutions in the local market, propelling us toward a future defined by innovation and reliability.”
Sonia Bonfiglioli, Chairwoman, Bonfiglioli said, “Twenty-five years ago, I first visited India with my father and what I saw was a vast empty land. Today, I’m proud to say we’ve built an exceptional company here, with innovative facilities and most importantly, a team of fantastic and motivated people. It’s thanks to their hard work that we’re inaugurating a new innovative plant. I’m filled with pride knowing how far we’ve come.”
