Market Update

Danfoss India expands production and product portfolio at its Oragadam campus

Danfoss

Danfoss Industries announced its bullish stance on furthering the presence of its Drives segment in India. The Danfoss Group has made over Rs 1,000 crore investments in last six years, to further the company’s commitment towards strengthening its local manufacturing and powering its capabilities towards India-focused R&D and innovation.

With a steady focus on building a strong Global R&D & Engineering function, Danfoss India has built fresh avenues for customer and industry collaborations within the country to enhance the product testing capabilities at global standards and increase the speed of innovation. The company has also made huge strides in achieving maximum self-reliance right from the sourcing of raw materials to the delivery of the finished products in India. Currently, the final products from the Danfoss India campus are also exported to key markets such as US, Middle East, ASEA regions.

“Danfoss India’ commitment to India has been unwavering from the start and the recent increase in India investments of our Drives segment reinforces this commitment. The added step towards increasing our production lines is a testament to our success story in addressing the needs of our customers and the industry during these trying times. We remain steadfast in our journey towards complete localisation and stand in solidarity with the centre’s clarion call for “India for India” and the “Aatmanirbhar Bharat Abhiyaan,” said Ravichandran Purushothaman, President, Danfoss India.

As part of Danfoss’ commitment to India, the company had made extensive investments to further enhance the Drives Assembly and Manufacturing Facility in 2019 and commenced the manufacturing of P600 platform Drives from the Chennai campus, which is currently also exported to global markets. The current investment allows for further expansion (since August 2020) for the assembly of the FC51/FC360 range of drives to cater exclusively to the Indian market and further expand the P600 manufacturing line in the coming months. The new range of drives will create a significant impact towards improving energy efficiency and maximising energy productivity. The latest additions to the drives portfolio to assemble in India will drive up the percentage of sales of ‘Made in India’ drives to over 80%.

Danfoss Drives find extensive applications across a range of industries in India such as food & beverages, plastics, HVAC, air compressor and textile OEMs, chemical, cement, steel, water, oil & gas, marine, paper to name a few.

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