Pune, November 28, 2019 – KION India Private Limited, a wholly-owned subsidiary of KION Group AG, has officially inaugurated its Factory 2.0, a new production site, which is India’s largest material handling equipment manufacturing facility. The new factory is located 27 kms from Pune central at Koregaon Bhima. KION India’s previous manufacturing site operated from Chandan Nagar in Pune.)
With an investment of more than INR 125 Crores (>EUR 15 Million) in real estate and equipment, the new state-of-the-art facility is spread across an area of 25 acres with an annual production capacity of 10,000 units in Phase 1. The factory is integrated with three assembly lines, machine shop, paint shop, parts warehouse & R&D all under one roof. The factory manufactures diesel and electric forklifts as well as warehousing equipment such as battery-operated pallet trucks, reach trucks and electric stackers. The manufacturing site is also home to a research & design engineering center, which focuses on understanding the ever-changing requirements and trends of the Indian market and develop products to match them. With this facility in place, KION Group has made a total investment in India of nearly 350 Crores.
“This new factory represents the next step in the material handling equipment industry by India’s market leader and we are confident that KION India will continue to drive growth in the domain through technology transfer and indigenisation. The factory represents our long-term commitment to the market here in India, its customers, employees, vendors and our channel partners,” explains Sunil K Gupta, the president of KION India Private Limited.
The entire production site is home to more than 400 employees. KION India also deploys more than 425 employees in the sales and service areas overseeing the needs of its customers. KION India is a multi-brand entity of the Group, handling fellow brands such as Linde, OM, Baoli, OM Voltas and Dematic. The new factory is a 700 KVA Solar Power facility and also includes water conservation and waste management processes which are aligned with KION Group’s sustainability initiatives. KION India looks forward to localizing high performance products many of which are new to the Indian market and it is also on track to provide the best in terms of productivity, technology, quality and after-sales support.