June 22, 2024
Corporates

Speciality Lubricants Maker Klüber Expanding Indian Production

Speciality lubricants manufacturer Klüber Lubrication is expanding its production facility in Mysore, which will be fully operational by the beginning of 2027.

“Klüber India’s manufacturing plant in Mysore is spread over 17,000 sq. meters at present and produces world-class specialty lubricants,” the company said in a press release.

The company had recently announced an investment of Rs 142 crore to bolster its operations in the country and reiterate its commitment to ‘Make in India’ by increasing domestic production.

The plant will feature a cutting-edge production facility equipped with state-of-the-art technology tailored to Klüber Lubrication’s specialised needs.

As a part of the investments, the German headquartered company will also boost its R&D infrastructure and increase speed to market for new products.

Klüber Lubrication is poised to leverage these enhancements to amplify its operations, introduce high-value product lines, and facilitate the seamless relocation of global products to better serve its clientele.

“By integrating a new production hall and world class infrastructure, our aim is to offer state-of-the-art speciality products which will be locally manufactured,” India CEO Hitendra Bhargava said.

“Ultimately, this initiative is in sync with the self-reliance India mission and this investment helps us to be closer and faster to our customers not just in India, but in the entire APAC region,” he added.

“This a big benefit to our customers in South East Asia, especially considering the supply chain challenges the world has seen owing to geo-political disruptions,” CTO Kanakaraju Thangavel also said.

“This investment reflects our confidence in the region and our dedication to exceeding customer expectations and are ready to contribute meaningfully to the region’s development,” he too added.

Klüber Lubrication’s expansion in Mysore also underscores its focus on sustainability as with the aid of solar panels, the plant derives more than half of its energy from renewable sources.

The company has won the prestigious EcoVadis gold medal for sustainability for the third time in a row which puts it in the top 5 percent companies among more than 130,000 companies rated globally.

Klüber Lubrication has about 2,000 employees in more than 30 countries and Klüber Lubrication India was established in 1999 and is headquartered in Bengaluru.

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