The investments will expand Copeland’s existing Pune manufacturing facility by an additional 7,350 square meters over the next five years
Copeland, a global leader in sustainable climate solutions, announced a Rs 500 crore ($60 million) investment in India to expand its manufacturing facility in Atit, Maharashtra and for the construction of a new global R&D centre in Pune, Maharashtra. The manufacturing, engineering and R&D investments in India will expand existing engineering capabilities, increase the production capacity of Copeland’s compression solutions and advance the innovation of sustainable heating, cooling, refrigeration and industrial solutions.
Underscoring Copeland’s commitment to India, these expanded India facilities will provide for the addition of an advanced scroll compressor line catering to both the domestic and Copeland’s key international markets in the region. The investments will expand Copeland’s existing Pune manufacturing facility by an additional 7,350 square meters over the next five years and the addition of a 15,000 square meter R&D centre focused on advancing Copeland’s climate solutions for its customers.
“India is an important growth market for Copeland, and this expansion reaffirms our commitment to both the Indian market and innovation,” said Ross B. Shuster, chief executive officer, of Copeland. “These planned investments will enable us to increase production capacity and reduce lead times for our customers in the region while supporting India’s energy and environmental goals.”