Indian vacuum pumping solutions and services provider HHV Pumps has officially inaugurated a new state of the art manufacturing facility in Bangalore, India.
With an initial investment of Rs. 10 crore (€127,722), the 52,000 square foot facility was opened by HHV Group founder and chairman, Sri S. V. Narasaiah.
“HHV aims to be a global leader in vacuum pumping solutions, by ensuring the lowest cost of ownership for our customers through the use of indigenously developed technology as a part of our ongoing ‘Make In India’ philosophy”, said Prasanth Sakhamuri, managing director of HHV.
“The existing unit of HHV Pumps located at Peenya, Bangalore, which had commenced manufacturing operations in 2009, will be shifted to the new facility. The new facility, with employee strength of 65, will manufacture vacuum pumping solutions of international standards including the two stage rotary vane vacuum pumps, single stage rotary vane vacuum pumps, roots boosters, multi-stage dry vacuum pumps and multi-stage dry vacuum pumping systems.”
“The new unit will have 90% of the machining activity located in-house,” Sakhamuri added. “The target markets for our products would be air conditioning and refrigeration, chemical/pharma, electrical and power, general/industrial (including packing), research and development, solar for lamination and others. We expect a turnover of Rs. 38 crores for the current financial year from this unit.”