German major Bosch Rexroth, which has put a new plant into operation in Sanand near here, replacing the previously rented facilities, is investing around Rs 280 crore in the expansion of its presence in the region, a senior official said on Thursday.

The company, present in India for over 35 years, is also stepping up sales and development. Around 550 associates work at Bosch Rexroth in Ahmedabad district.

Bosch Rexroth manufactures hydraulics components and systems at the site. The new plant has a total area of 37,000 sq mt.

“Going beyond production, we have developed the Sanand plant into a technology centre,” said Dr Johannes T. Grobe, Managing Director, Bosch Rexroth in India. "Based on the product platforms, engineers develop regional product variations here, which meet the specific requirements of the local customers. The hydraulic components and systems from the new plant are used in a variety of fields," he said.

Since 2007, the company has almost doubled its transaction volume. In March 2013, the company expanded its presence in Fountain Inn in the US and doubled its production capacity there. In Fall 2012, Bosch Rexroth put into operation new production facilities and offices as well as an R&D centre in Wujin, China.

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