The Trelleborg Group has made the decision to invest in a brand-new sealing solutions manufacturing facility in India.
It will take the place of current facilities, which are about to hit capacity. The investment is a part of Trelleborg’s aim to improve positions in desirable and lucrative industries and geographical regions and coincides with the Indian market’s ongoing strong growth.
“India is one of the world’s largest markets. We have had a presence in India for over 40 years, the sales trend has been very strong over the past ten years, and we now generate annual sales of about SEK 600 M in the country. Our high-performing seals are sold to a range of industries including aerospace and healthcare and medical, as well as renewable energy and several industrial niches. The new production facility for seals will increase production capacity by more than 60 per cent compared with our current facilities,” says Peter Nilsson, President and CEO of Trelleborg Group.
Trelleborg will acquire land in the Bangalore area to build a modern facility that can meet future demands for both efficient production processes and sustainability, which includes solar panels, energy efficiency, green transportation, and effective water management.