Wipro Infrastructure Engineering annou?n?ced that it has signed a joint venture (JV) contract with Kawasaki Heavy Indus?tries in India to set up a large manufacturing facility for the manufacture of hydraulic pu?mps for excavators. The JV will be called Wipro Kawasaki Precision Machinery and will entail an investment of Rs 500 million. The initial capacity of the JV will be 4,000 pumps which would be augmented to 15,000 pumps by 2015.

Wipro Infrastructure Engin?eering is the world?s largest independent manufacturer of hydraulic cylinders. The new manufacturing unit to be set up at Bangalore will be its eleventh manufacturing loca?tion globally.