Ajax Fiori opens its third plant that will primarily produce self-loading mobile concrete mixers.
Ajax Fiori, one of India's leading manufacturers of construction equipment, providing innovative and cost-effective solutions for the concrete secttor, has recently opened its third manufacturing facility at Doddaballapur, Bengaluru. The ceremony witnessed the presence of some of Ajax Fiori's key customers, vendors and associates under one roof. Top officials from its JV partners Fiori SpA Italy, also graced the occasion. S Raghavan ? Business Head, Machinery & Industrial Products IC, Larsen & Toubro, was the Chief Guest and D Y Uppar, Managing Director, D Y Uppar Engineers & Contractors, was the Guest of Honour. Ajax Fiori has invested Rs 15 crore in this 4,000-sq m plant that will primarily produce self-loading mobile concrete mixers, while the existing plant produces batching plants and planetary mixers. The new plant has an installed capacity of 1,000 machines per annum. The salient feature of the plant is that it has a mechanised conveyor line which reduces all the handlings during shot blasting and painting, thereby increasing productivity and efficiency. Speaking on the occasion, K Vijay, Managing Director, Ajax Fiori, said, "Our new automated plant signifies Ajax Fiori's strategic thrust towards delivering cost-effective products and solutions that answers customer's needs."
Raghavan sounded optimistic of the growth of the concreting sector towards building India's infrastructure, even as D Y Uppar said, "We have been associated with Ajax Fiori for over a decade. Their strength lies in innovative product range backed by an efficient and quality product support. We look forward to having a fruitful relationship in the years to come."
Ajax Fiori pioneered the innovative product concept of the self-loading mobile concrete mixer in India. This has revolutionised the concreting methods at various infrastructure project sites, be it irrigation, canal linings, concrete roads, bridges, culverts, buildings, windmill and transmission line foundation, etc. "Having foreseen the product's suitability across various applications and the increased demand across geographies, we immediately decided to open a new plant and ramp our production," said Vijay.
Ajax Fiori was established in 1993 as a joint venture company with Fiori S.p.A Italy, for the manufacture of self-loading mobile concrete mixers. In 1998, Ajax Fiori started manufacturing radius lift arm concrete batching plants. These plants with their unique design of loading aggregates and low power cost, have been the perfect choice for contractors. Ajax Fiori also offers a comprehensive range of batching plants with planetary pan mixers and twin-shaft mixers. The planetary pan mixers are indigenously manufactured under technical collaboration with Eurostar Concrete Technology S.p.A, Italy. In 2009, Ajax Fiori partnered with Turbosol Produzione S.p.A, Italy, for distributing their range of mortar and plaster spraying machines, to increase thrust on building mechanisation.
Ajax Fiori caters to the market segments of infrastructure, general construction and real estate, and has around a thousand satisfied customers throughout India, mainly construction companies, contractors and developers.
Ajax Fiori has recorded a healthy double-digit growth over the past couple of years. With the current order booking position, it anticipates sales revenue of Rs 150 crore during the current fiscal, a growth of 50 per cent over last year. With additional production capacities, it expects around 30-35 per cent growth over the next couple of years, according to Vijay.