German co to set up wood-working machines plant in Bangalore
by：QY Precision 2019-12-24
A family in India Subsidiary of German Homag group for timber production- Working Machine, planning to set up a unit in India; Production in the medium term2012. A family in India Subsidiary of German Homag group for timber production- Working Machine, planning to set up a unit in India, expected to start production in the medium term A senior company official said 2012. The company is zero. Bangalore, the official said, was the site where the department was set up. Today, the Homag Group has 12 manufacturing plants in Germany, Spain, Brazil and China. \"We will set up a facility to manufacture digital control of computers (CNC) Peenyain\'s machine in Bangalore. We have got five acres there and production will start in the medium term 2012, \"said Govind Assudani, general manager of Homag India. But he declined to give details of the investment. Assudani said that the factory will have the production capacity of 400 CNC machines per year, adding that CNC machines are used to make modular furniture, the internal elements and floors of restructured wood such as medium density fiber Wood (MDF)and Pre- Laminated particle board (PLB). \"The demand for modular furniture is 20- 25%, there is also great potential for CNC machines. These machines are almost double the output and turnover of modular furniture manufacturers, \"Assudani said. The modular furniture market in India is locked in rs9000 crore. Currently, Homag India is only involved in the marketing and distribution of CNC or wood- A working machine imported from Schopfloch in southern Germany. \"At the moment, we are only engaged in distribution, sales and training, importing about 400 machines a year,\" he said . \". He said the company listed professional companies such as Godrej and durian as customers of 600 companies. The wood- The market size of the work industry is 3 billion euros, of which the market share of Homag is 1 euro. 2 billion.