Wipro Kawasaki, Precision Machinery inaugurated a hydraulic pumps and motors manufacturing plant for construction machinery.
Wipro Kawasaki is a joint venture between Wipro Infrastructure Engineering, which holds a 49 per cent stake, and Kawasaki with 51 per cent.
The facility, located in Bidadi will begin production in April 2019 doubling the company’scapacity to manufacture hydraulic products to 40,000 units a year.
Pratik Kumar, CEO, Wipro Infrastructure Engineering, said “Rapid growth in infrastructure in India is expected to drive the demand for construction machinery and the new facility helps us cater to the growing demand.”
Kawasaki can respond more flexibly to its customers’ varying production volumes, added Hidehiko Shimamura, General Manager Kawasaki Precision Machinery Division, Japan.
Rise in demand
Overall domestic demand for construction machinery has been on the rise due to an expected growth in investment in local infrastructure, such as express ways, railway networks, and ports. With respect to the hydraulic excavator market, medium- to long-term growth is forecast, as annual demand is expected to reach 40,000 to 50,000 units in fiscal 2025.
Following in the footsteps of China, India is also expected to achieve rapid growth in infrastructure investment.
Wipro Kawasaki first commenced production in December 2012 in a rented facility.
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