Danfoss Industries announced its bullish stance on furthering the presence of its Drives segment in India. The Danfoss Group has made over Rs 1,000 crore investments in last six years, to further the company’s commitment towards strengthening its local manufacturing and powering its capabilities towards India-focused R&D and innovation.
As part of Danfoss’ commitment to India, the company had made extensive investments to further enhance the Drives Assembly and Manufacturing Facility in 2019 and commenced the manufacturing of P600 platform Drives from the Chennai campus, which is currently also exported to global markets. The current investment allows for further expansion (since August 2020) for the assembly of the FC51/FC360 range of drives to cater exclusively to the Indian market and further expand the P600 manufacturing line in the coming months. The new range of drives will create a significant impact towards improving energy efficiency and maximising energy productivity. The latest additions to the drives portfolio to assemble in India will drive up the percentage of sales of ‘Made in India’ drives to over 80%.
Danfoss Drives find extensive applications across a range of industries in India such as food & beverages, plastics, HVAC, air compressor and textile OEMs, chemical, cement, steel, water, oil & gas, marine, paper to name a few.
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