IMI Precision Engineering hosted a ground-breaking ceremony to celebrate its INR 200m investment* into a state-of-the art facility in Noida. The site is designed to increase the company's production capacity to meet the growing demand for its products in the Indian market.
IMI Precision Engineering manufactures actuators, air preparation, valves and associated fittings for the Industrial Automation, Commercial Vehicle, Rail, Life Science, Energy, and Food & Beverage sectors. Over two years, the company will increase product lines by over 200, and over five years it will increase the number of technical, commercial and engineering positions to approximately 150 people.
Three times larger than the company's existing Noida facility, the new building will cover 67,000 sq ft and will include production, distribution and a technical centre.
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