ESAB India Ltd Sets up Chinese Manufacturing Facility

With anticipated growth opportunities in the domestic market for welding and cutting products, Esab India Ltd, a leading player in the welding industry, is setting up a welding equipment factory near Chennai with an investment of around Rs 20 crore to roll out new technology products.

The 50,000 sq ft factory, its first green-field factory in India, is to come up in the industrial hub at Irrungattukottai near Chennai. The investment includes transfer of technology. It will bring in new technology and create new product ranges including inverter machines and plasma cutting machines.

Things are moving that direction already in a number of manufacturing industries. Get a look over at Chennai Online News Service.