On January 19, 2024, Laserfair Group announced an investment of 5 million euros to build a new factory in India.
Previously, Coherent, Switzerland Bystronic and other international laser giants to establish global manufacturing centers, demonstration centers, to accelerate the penetration of India, to accelerate the layout of the emerging market in India.
In fact, India has become an important contributor to the global laser market, the world's laser companies eyeing to enter India and accelerate the layout.
Of course, China's laser companies are not willing to lag behind, has also been successful in India "beach", such as Jiepute, Rike laser, Haimu star laser companies have set up subsidiaries in India, build plants and service centers, and international laser giants in the same field, to seize the emerging laser market in India, "big cake! India's emerging laser market "big cake".
Trafotek stepped up the layout of the Indian market
On January 19, 2024, local time, TRUMPF announced that it is embarking on a major expansion in India and has decided to build a new production plant in Pune, Maharashtra, in the western part of the country. With an investment of nearly 5 million euros, the plant, which is expected to start production this year, will mainly produce bending and laser cutting machines for the sheet metal processing industry, with a production target of 300 units per year.
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The Trafigura India plant will be located in Pune in the western Indian state of Maharashtra. "India is developing strongly and has growth potential. The proximity to this emerging market allows us to produce more efficiently and respond more quickly to the needs of our local customers. In addition, the new location gives us the opportunity to capitalize on global synergies," said Till Kueppers, COO of Trafigura Machine Tools Deutschland. "In the long term, we want to supply more markets from India and expand our supply chain. Trafigura will invest approximately 5 million euros in the new production facility. Production will start this year. The goal is to produce 300 machines per year."
In addition, Trafigura is expanding its support infrastructure with plans to open a showroom in Bangalore later this year. The move is aimed at enhancing services to customers. With a software development facility in Chennai, Trafigura is able to provide comprehensive IT solutions to its customers.
Coherent opens its first Global Center of Excellence in India
Apart from Thruflex, there are, in fact, other international laser giants that have entered the Indian market.
In September 2023, Coherent, the US-based optical materials and semiconductor laser giant, announced the signing of a tripartite Memorandum of Understanding (MoU) with the Guidance Tamil Nadu Investment Promotion Center (GTIPC) and the Indian Institute of Technology Madras Research Park (IITMRP) (MoU) to establish the first global Center of Excellence (CoE) in Chennai, India.
According to the statement, the CoE will be set up at the IITMRP campus in Taramani and will focus on research and development of products and services in lasers, optical networking components and systems, electric vehicle batteries, and compound semiconductor devices to support the fast-growing markets of mobility, intelligence, and electronics applications.
Giovanni Barbarossa, Chief Strategy Officer and President, Materials Division, Coherent, said, "India offers many opportunities for our company. India is a fast-growing market for Coherent, growing at a CAGR of 40 percent over the next five years, with a potential market (TAM) of nearly $2 billion. It is an important base for our manufacturing operations and an ideal center for our R&D activities."
Coherent, headquartered in Saxonburg, Pennsylvania, USA, is a global leader in materials, networking and lasers for the industrial, communications, electronics and instrumentation markets, and the company is said to have R&D, manufacturing, sales and distribution destinations in more than 130 locations in 20 countries.
Bystronic India opens new building and demo center
It is also worth noting that in July 2023, Bystronics, a world-renowned laser giant, announced the opening of a new building and demonstration center in Pune, a city in western India. With the opening of this new facility, Bystronics will be able to bring innovation and change to the Indian manufacturing industry, providing customers with better and more specialized products and services.
The inauguration of this new building and demonstration center is a reflection of Bystronics' long-term commitment and significant investment in the Indian market, and demonstrates the company's deep involvement and support for the development of the Indian manufacturing industry.
Speaking at the inauguration ceremony on June 29th, Niranjan Manjrekar, Managing Director of Bystronic India, said, "The inauguration of our new facility marks an important milestone in our efforts to build a stronger presence in the Indian market, aiming to revolutionize the manufacturing landscape through innovative machinery and dedicated customer support. manufacturing landscape."
Bystronics has been represented in India since 2007 and moved to the new premises in June 2023, it was announced. On the day of the inauguration ceremony, Bystronics invited customers to visit its demonstration center to experience the latest technology and products.
Bystronics is known as a global leader in sheet metal processing technology with more than 3,600 employees in more than 40 locations around the world, outstanding laser cutting systems, automated cutting and bending process chains.
Chinese laser companies rush into the Indian market
As a matter of fact, not only international laser giants, but also Chinese laser giants such as Jabil, Ruike Laser, and HEMS are also "rushing" into the Indian market.
Among them, at the end of 2023, Jieput increased technical support for India, Singapore, to raise 1.271 billion yuan for project expansion, including overseas technical support and network construction project investment totaling 157 million yuan, is used in India, Singapore, the United States, Japan and other places to build technical support and service network.
And Ruike Laser makes every effort to build a global service network - in June 2023, Ruike Laser announced that it has set up an authorized service center in India, which is located in Ahmedabad, the seventh largest city in India, and at present, the service center has formed a series of optoelectronic spare parts, spare laser source inventory, equipped with a clean room for optical repair and employs a number of maintenance and engineering service personnel.
Analysts believe that at present, part of China's manufacturing industry to India and other Southeast Asian countries to transfer, in recent years these countries also began to purchase laser equipment from China. Because of China's laser products cost-effective, more and more refined service, ultra-full manufacturing categories, a strong and flexible supply chain, the rapid rise of digitalization and other advantages, so these laser products from China in India and other places is very competitive.
