Belden Inc.Inaugurates Manufacturing Unit in Pune
World’s first ‘One Belden’ factory opens
in Chakan, Pune. The factory is equipped with state-of-the-art equipment and
proprietary technology to serve all of Belden’s key markets: industrial,
enterprise and broadcast segments.
With an investment of INR 250 Crore ($35M
USD) across two phases, Belden establishes a strong footprint in India and
South & South East Asia to augment existing commercial operations and meet
customers’ mission-critical signal transmission and management needs.
Mumbai, India – Belden Inc. (NYSE: BDC),
a global leader in signal transmission and security solutions for
mission-critical application in enterprise and industrial markets, today formally
opened its state-of-the-art manufacturing facility at Chakan near Pune. Spread
over 24,000 square meters, the total investment in the facility is INR 250
crore ($35 Million USD). The facility
has been established with support from the Mega Project program of the
Government of India and is credited with being the first truly ‘One Belden’ factory,
with capabilities to serve multiple customer markets and applications of the
Belden group of brands. The global leader aims to provide customers in the
region, who are investing in increasingly sophisticated automation, with a
single-point solution for mission-critical signal transmission and management requirements.
Ashish
Chand, Managing Director of Asia Pacific Belden Inc., accompanied by senior officials of the company, formally
inaugurated the office in
Mumbai and will inaugurate facility tomorrow at Chakan, Pune. Prominent
dignitaries from Maharashtra and several of Belden’s customers, partners and
suppliers attended the inaugural function. On
the occasion, Chand said, “With this
Mega Project, Belden seeks to address the fast evolving needs of Indian
customers for mission critical applications in the transportation, energy, smart
buildings, process automation, factory automation and broadcast markets.” Key
products that will be manufactured in the new plant include low voltage cables
for high-end applications, connectivity and assemblies for data transmission,
and ethernet switches, routers and firewalls for industrial and building
automation. The facility is equipped with state-of-the-art technology that will
also allow us to serve other export geographies including the US, Middle East,
South East Asia and China.
“Belden has been proudly present in India since 2003, and based
on the growth of the market, the company decided in early 2017 to set up a manufacturing
footprint here,” said Chand. Investment to set up a world-class manufacturing and
assembly unit will occur in two phases. The first phase, which included a INR
140 crore ($20 million USD) investment, was completed in September 2018. Work
on the second phase will commence soon, with an additional INR 110 crore ($15
million USD) investment. The project, when at its full capacity in 2019, will
provide direct and indirect employment opportunities to more than 300 people. Chand added, “Belden would like to sincerely thank the
Governments of India and Maharashtra and their agencies involved, especially
the Maharashtra Industrial Development
Corporation, for the great support that allowed the company to execute
phase one within 12 months from the date of application for land allotment to
commencement of operations. We are very hopeful that this support will allow us
to grow quickly and contribute to the building of Indian infrastructure,
especially in the areas of energy, transportation, manufacturing and smart buildings.” “We
have commenced manufacturing in India with significant product breadth and
sophistication compared to any of our competitors. Over the next few years, and
based on customer feedback, we will continue to expand our portfolio of
products manufactured and supported here.” Chand said.
Globally,
Belden is at the forefront of developing advanced technology for very high
bandwidth transmission and management in mission-critical applications by
investing in R&D and advanced manufacturing capabilities. The company is
committed to following this path in India. Going forward, Belden will enhance engineering
and design capabilities in Pune to leverage local talent towards developing
technology for global use.
Belden
serves two primary end-markets globally: Enterprise –
focused on transmitting and securing data, sound and video in complex enterprise
and media networks covering smart buildings, final mile broadband and live media
production; Industrial –
focused on transmitting and securing data, sound and video in harsh industrial
environments covering factory automation, process automation, energy, utilities
and transportation.
About Belden
Belden Inc., a global leader in high-quality,
end-to-end signal transmission solutions, delivers a comprehensive product
portfolio designed to meet the mission-critical network infrastructure needs of
industrial and enterprise markets. With innovative solutions targeted at
reliable and secure transmission of rapidly growing amounts of data, audio and
video needed for today’s applications, Belden is at the center of the global
transformation to a connected world. Founded in 1902, the company is
headquartered in St. Louis and has manufacturing capabilities in North and
South America, Europe and Asia. For more information, visit us at
www.belden.com or follow us on Twitter @BeldenInc.
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