Sign In / Register
Make This My Home Page | Feedback |RSS
You are here: IE »   Story

Baumuller sets up subsidiary in city

  • Print
  • Mail This Article
  • Comments
  • Add to favorites
  • Nuremberg-based Baumuller, a manufacturer of automation and electric drive systems, which has been around in the Indian market for 12 years, announced the establishment of its subsidiary in Pune. It plans for further penetration in the local market starting with the textile, plastics and packaging industries.

    Addressing a press conference here recently, Jochen Loy, Chief Executive of Baumuller Holding GmbH & Co said the company opted for Pune since there are a lot of Baumuller supported companies already based in the city “Secondly, Pune is an excellent source for good human resources due to the number of good engineering colleges and universities present here”.

    Expanding on the subject of seeking out prospective employees from the city, Subramaniam Kumar, Managing Director, Baumuller India Pvt. Ltd. added, “We are currently in the process of identifying technicians. We are open to accepting people who hail from engineering backgrounds and are looking to employ them in our application and software departments in order to expand our base. We are aiming to increase our head count of engineers from the current 25 to double that in a year’s time and to 100 in three years”.

    Ads by Google

    Kumar also explained Baumuller India’s other immediate objectives, “The customers needed a service setup in India and that is the reason Baumuller is taking the initiative. Within our first year of expansion we plan to consolidate our operations. We are expecting a growth of at least 25 per cent through working with our customers”.

    ... contd.

    Next12
    Comments
    Post comment

    Be the first to comment.

    Post a Comment
    Name:
    Email:
    Title:
    Maximum characters allowed     
    Comment:
    TERMS OF USE:
    The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
    I agree to the terms of use.