<p>ThyssenKrupp Elevator, a part of diversified industrial group ThyssenKrupp, is planning to set up a manufacturing plant in Chakan Industrial Area in Pune, Maharashtra, with an investment of Rs 300 crore (44 million euros).<br /><br /></p>.<p>“The facility’s initial capacity of 6,000 units per year will be extended to 10,000 units per year in FY 2019/20,” ThyssenKrupp India CEO Michael Thiemann said.<br /><br />He added that in addition, the company will establish a SEED Campus (ThyssenKrupp Elevator’s training academy) on-site to improve service efficiency in the field.<br /><br />“We aim to complete the new facility in 2017 and achieve 95 per cent manufacturing localisation in the country in the next 3-4 years,” Thiemann added.<br /><br />According to ThyssenKrupp Elevator India MD Bharat Vishnani, the company is well poised to take care of the upcoming growth story in India.</p>
<p>ThyssenKrupp Elevator, a part of diversified industrial group ThyssenKrupp, is planning to set up a manufacturing plant in Chakan Industrial Area in Pune, Maharashtra, with an investment of Rs 300 crore (44 million euros).<br /><br /></p>.<p>“The facility’s initial capacity of 6,000 units per year will be extended to 10,000 units per year in FY 2019/20,” ThyssenKrupp India CEO Michael Thiemann said.<br /><br />He added that in addition, the company will establish a SEED Campus (ThyssenKrupp Elevator’s training academy) on-site to improve service efficiency in the field.<br /><br />“We aim to complete the new facility in 2017 and achieve 95 per cent manufacturing localisation in the country in the next 3-4 years,” Thiemann added.<br /><br />According to ThyssenKrupp Elevator India MD Bharat Vishnani, the company is well poised to take care of the upcoming growth story in India.</p>
