Hyderabad (India), December 27: India’s leading precision engineering company, Azad Engineering, undertook a revolutionary initiative by laying the foundation stone for an special producing facility for Japan’s Mitsubishi Hefty Industries.
Rakesh Chopdar, Running Director of Azad Engineering Pvt Ltd, laid the basis stone for the new 11,800 sq. mts facility. Azad and Mitsubishi’s journey commenced about a decade in the past with a number of machines, progressed to an unique bay in their existing manufacturing unit, and has now entered a new dimension with the forthcoming producing facility becoming setup solely for MHI.
Mr. T. Nagayasu, Chairman & Managing Director, Mr. K. Tanaka, Dy. CEO of Mitsubishi, Mr. M Hasegawa, Dy. GM, Takasago Blade and combustion sections producing, MHI, Japan, Mr. Raja Ram Reddy, Engineering Head, MHI, Japan, Mr. Jayesh Ranjan, IAS, Principal Secretary, Industries and commerce,(I&C) Details Technological innovation, Govt. of Telangana, Mr. Praveen P A, Director, Aerospace & Defence, Authorities of Telangana, Mr. KP Vivekananda, MLA, joined Rakesh Chopdar to announce the commencement of operates on the USD 20 million plant at Tunikibollaram close to Medchal, Hyderabad, that is scheduled to turn into operational by mid-2024. It will be portion of Azad Engineering’s upcoming Centre for Excellence and Innovation Centre and will hire about 300 people today.
Speaking on the celebration, Rakesh Chopdar, MD of Azad Engineering, mentioned: “The collaboration with Mitsubishi to construct an distinctive facility is an outcome of our determination and sustained energy to deepen our partnership as a desired associate of global initial equipment makers (OEMs). It’s a highpoint in our ten years-extensive business association with Mitsubishi and testimony to Azad’s motivation to excellence.”
Mr. K. Tanaka, Dy. CEO of Mitsubishi Hefty Industries, said: “Azad Engineering machining functionality is really impressive. They present components of substantial high quality and accuracy for our gas and steam turbines. So, we are glad to strengthen our partnership with Azad”.
Mr. Raja Ram Reddy, Engineering Head, MHI, Japan, said: “our quality necessities are amongst the greatest in the entire world and Azad is the only partner exterior Japan, for couple important elements, who can fulfill the demanding criteria. So, we husband or wife with them for gas and steam Airfoils. They are wedded to customer centric strategy and charge superior on value competitiveness, creating them particularly beautiful companions in our offer chain. Other than, Azad steadfastly sticks to shipping and delivery commitments. Even throughout the new lockdown period, when provide chains were disrupted globally, Azad did not overlook on shipping deadlines. So, our trust in them is up multifold, a solid base to our collaboration”.
Azad Engineering’s capacity expansion is part of the company’s method for the upcoming 5 several years to realize the specific progress of 35-40 for each cent CAGR during the period. Azad is an finish-to-conclude solution service provider for international electric power generation & aerospace OEMs including GE, Siemens, Toshiba, Person, Doosan Skoda, GE Aviation, Boeing, Honeywell, Eaton, Rafael, BHEL, HAL and Baker Hughes.
Speaking on the situation, Jayesh Ranjan, Principal Secretary, Industries, Federal government of Telangana, stated, “I congratulate Azad Engineering and Mitsubishi Weighty Industries for bringing this distinctive manufacturing facility in Hyderabad. This more demonstrates that Telangana has emerged as the most desired producing location for global OEMs in aerospace, precision engineering and heavy engineering segments.”
Praveen P A, Director, Aerospace & Defence, Government of Telangana, stated: “Azad-Mitsubishi manufacturing facility alerts increasing self confidence of international industrial majors to establish their manufacturing services and offer base from our earth course Aerospace and Engineering ecosystem in Telangana”.