170 million euro project to create over 600 jobs in Coimbatore Chennai: Belgium-based Hansen Transmissions International NV announced an investment plan of euro 170 million for a production plant for gearboxes for wind turbines in the megawatt range. The facility will supply gearboxes to wind turbine manufacturers in the Indian and international markets, including to Suzlon Energy Limited.
The greenfield project is planned near Coimbatore, and is planned to be operational by the end of 2008. The factory will reach its full production capacity, with an output of 1,500 to 2,000 gearboxes per annum, by early 2010, and employ over 600 personnel.
“The manufacturing plant of Hansen in Coimbatore will make use of the same production equipment and processes that are conducted in our Belgian plants. We will implement the proven Hansen gear technology, expertise, accuracy and thus quality standards without any compromise to guarantee the unique Hansen quality label,” comments Mr. Ivan Brems, Chief Executive Officer of Hansen Transmissions Int.
“We are very pleased to welcome Hansen Transmissions to India. Hansen will now be able to leverage India’s vast pool of technical talent, and take advantage of the immense opportunities in the wind energy market in India and worldwide,” stated Mr. Tulsi Tanti, CMD – Suzlon Energy Ltd.
Filed under: Coimbatore |