Global Signal Transmission & Management Giant Belden Inc. Inaugurates Manufacturing Unit in Pune, India & Office in Mumbai; Targets New Markets
• 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
– November, 2018 – 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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