Atlas Copco India (ACI) will make industrial and portable compressors at its second compressor manufacturing facility at Chakan, set up with an investment of Rs 100 crore.
The company will continue to produce oil-free compressors and quality air products at its existing facility at Dapodi.
“India is in the top five customer centres in the world,” Horst Wasel, President, Quality Air Division, Atlas Copco AB said, adding that it was logical to set up a second production unit for compressors to grow the business and do product innovation.
The company had seen double digit growth in India for the last few years and would continue to do so, Filip Vandenberghe, MD, ACI, said.
The new facility will have six production lines for compressors, three each for use in general industry and construction sector, and make customised variants of 40 products. The localisation in these products will vary from 40-80% depending on the product.
These will be designed for India and cater mainly to the domestic market, but the company could consider export to countries where similar conditions prevail, Rudy Verstrepen, GM, Product Company, ACI said.