By IANS
Chennai : Industrial and instrument cooling fan manufacturer ebm-Nadi International Pvt Ltd has expanded its production and warehousing facility in Chennai at an outlay of Euro one million.
After the expansion, the company – a 51:49 joint venture between ebm-papst of Germany and India’s Kamdar family – will increase its output by 200 fans to 800 fans per day.
The new warehouse has radio frequency identification (RIFD) facility to manage inventory, J.B. Kamdar, managing director of ebm-Nadi ,told the media here Tuesday.
According to him, the company went into expansion mode because the telecom industry is booming.
For instance, the Reliance Communications has ordered a sizeable number of fans to be installed at its stand-alone shelters that house heat-generating electronic telecom equipments, he said.
“Reliance will switch off air conditioners at night after the installing ebm-Nadi fans and save on power costs. Currently, the shelters are cooled by air conditioners round the clock,” said Kamdar.
According to Hans Jochen Beilke, CEO, ebm-papst group, the Indian joint venture has chalked out plans to invest Euro five million for further expansion of production and warehousing facilities in Chennai by 2010.
Kamdar said the company’s turnover after the expansion would be around Rs. two billion. “The next demand boom for industrial fans is expected from refrigeration, cold storage and retail sectors,” he pointed out.
Closing last fiscal with a turnover of Rs.420 million, the company is confident of achieving a turnover of Rs.850 million this fiscal, Kamdar said.