Copeland Expands Manufacturing and R&D Investment in India

Author: Dominic Sanders Updated: 09-19-2024 03:28 AM

Copeland Announces Major Investment in India

In a bold move to enhance its manufacturing capabilities, Copeland, a prominent player in sustainable climate solutions, recently revealed a ?500 crore (approximately US$60 million) investment aimed at expanding its presence in India. This initiative will elevate the manufacturing capacity at its facility in Atit, Maharashtra, while also establishing a state-of-the-art global research and development (R&D) centre in Pune.

Enhancing Manufacturing and Engineering Capabilities

The latest round of investments marks a significant commitment by Copeland to bolster its engineering and manufacturing capabilities in India. By increasing production, especially of its advanced compression solutions, Copeland aims to cater not just to the Indian market but also to its key international markets. The expansion plans include the addition of an impressive 7,350 square meters to the Pune facility, coupled with a new 15,000 square meter R&D centre dedicated to developing solutions that address climate challenges.

Commitment to Sustainability and Innovation

Copeland's CEO, Ross B. Shuster, emphasized the importance of India as a growing market. With this expansion, Copeland aims to enhance production capabilities, ensuring quicker delivery times for its customers while aligning with India's environmental and energy goals. The company's strategic investments underline its dedication to facilitating energy-efficient solutions and improving the global climate situation.

Technological Advances with Scroll Compressors

The addition of advanced scroll compressors to Copeland's manufacturing lineup will substantially improve refrigeration and cooling technology in India. This development is set to significantly benefit local clients by providing high-efficiency products that meet sustainable standards. Moreover, the R&D investments will enable Copeland to play a pivotal role in driving forward three critical global megatrends: the transition to electrified heating demands, the shift towards low-GWP and natural refrigerants, and the enhancement of cold chain efficiency, crucial for safeguarding perishables.

Supporting Local and Global Goals

Sandeep Gupta, Copeland's Vice President and Managing Director for India, expressed deep commitments to meeting both local and global demands for sustainable solutions. The investment aligns perfectly with the government's 'Make in India' initiative, highlighting Copeland's belief in India's potential as an innovation hub for compressor technology. By fostering local manufacturing, Copeland is not only contributing to the economy but also ensuring that India becomes a significant player in the global market.

About Copeland

Copeland stands out as a leader in delivering sustainable heating, cooling, refrigeration, and industrial solutions. They specialize in helping commercial, industrial, and residential clients minimize carbon footprints while enhancing energy efficiency. Copeland is at the forefront, tackling the pressing issues of climate change, meeting rising energy demands, and navigating complex supply chains. Their innovations support the advancement of low-GWP refrigerants and develop efficient cold chains essential for protecting vital goods. With a dedicated workforce of over 18,000 employees operating in 50 countries, Copeland is equipped to service diverse needs swiftly and effectively. Their widely adopted technologies and solutions have been proven in over 200 million installations worldwide, showcasing their commitment to fostering a sustainable future.

Frequently Asked Questions

What is Copeland's recent investment in India for?

Copeland's investment of ?500 crore aims to expand manufacturing capacity and establish a new R&D centre to promote sustainable climate solutions.

Where is Copeland expanding its facilities in India?

Copeland is expanding its facilities in Atit, Maharashtra, and establishing a new R&D centre in Pune, Maharashtra.

What products will Copeland focus on with this investment?

Copeland will focus on manufacturing advanced scroll compressors, enhancing cooling and refrigeration technologies for local and global markets.

How does Copeland support India's environmental goals?

The company aims to align with India's energy initiatives by reducing production lead times and supporting energy-efficient solutions.

What is the significance of the R&D centre?

The new R&D centre will drive innovation in sustainable solutions and develop technologies that support energy transition and climate challenges.

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