Oerlikon?s Drive Systems Segment inaugurated its third plant at Sanand in Gujarat. This is the 10th production facility for the Segment globally. ?This inauguration marks an important milestone for the further development of Drive Systems Segment in India. With the additional production capacity, we continue our growth in India and further upgrade our capabilities in high-tech driven products,? said Dr. Bernd Matthes, CEO, Oerlikon?s Drive Systems Segment.

Oerlikon?s Drive Systems Segment has been present in India since 1999, with production sites of both its brands Oerlikon Graziano and Oerlikon Fairfield at Greater Noida and Belgaum, respectively. With the region acquiring increasing significance for Oerlikon, both as a market and as a manufacturing base, this production site will further boost the ambition of the Company to be a trusted partner for OEMs in emerging markets as it already is in developed markets.

The new plant is spread across 35 acre, and will employ more than 1,000 people when in full production. The plant is testimony to Oerlikon?s commitment to being a responsible corporate.