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Home arrow News arrow New Project news arrow Precision Automation and Robotics in expansion mode
Precision Automation and Robotics in expansion mode Print E-mail
Written by Arjun   
Wednesday, 23 May 2007

Precision Automation and Robotics, Pune, the largest automation and Robotics company in India is further expanding its facilities to cater to the large projects announced by the MNC and domestic auto majors.

 PUNE : PARI is currently setting up a new production line of automation and robotics equipment at its manufacturing base in Pune with a capital investment of Rs 15 crore. The new 60,000 sft manufacturing facility will be utilised to build and test vehicles and set up assembly lines for the end customers.

 Once the customer provides the vehicle design and configuration of the engine, everything that goes into making the end product - from project implementation to component sourcing, will be done by PARI. Further adding value are PARI's in-house capabilities to develop line integration, machine building and control software.

 PARI's recent collaborative and co-operative agreement with Cinetic Assembly of France  [European leaders in overhead conveyor systems] ,  will enable it to develop, manufacture, and provide solutions for automotive assembly, including overhead conveying and electrified monorail systems (EMS) system solutions in India. Cost effective solutions will be provided through local manufacturing, engineering, support and service. The collaboration is expected to generate revenues of more than Rs 300 crore in the next five years.
 
 Dr Ranjit Date, president & Joint Managing Director PARI, said that there were huge opportunities coming up since global auto majors Nissan, BMW, Volvo, Volkswagen are planning to set up manufacturing facilities in India and almost all Indian auto majors have announced capacity expansion. With investment of over $12 billion lined up for next few years, the automobile sector , in India, is witnessing huge growth.

 PARI which has already established it's credentials with almost all Indian auto manufacturers has also exported it's solutions to international companies like Caterpillar, Honeywell, Emerson, Dow corning, Hitachi, Alfa Laval and Fanuc to name a few.

 With 500 employees and a turn over of 110 Crores last year PARI has placed itself in the fast lane of growth.
Last Updated ( Thursday, 24 May 2007 )
 
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