Bangalore: Swiss cabling specialist and passive network infrastructure provider Reichle & De-Massari (R&M) today inaugurated its new production facility at Jakkur on the outskirts of Bangalore. Built for fiber and copper assemblies, this new facility has been set up under the ‘Make In India’ initiative. ‘
The company has invested several million Swiss Francs in establishing this production facility, which in near future will become a primary production and warehousing hub for supplying fiber optic (FO) solutions for data centers and ‘Fiber to the X’ (FTTx) to global markets.
This major strategic move comes after R&M had acquired the business activities and operating assets of city based fiber-optic products maker Advanced Fiber Systems (AFS) for an undisclosed amount in 2014.
“Today’s announcement reaffirms R&M’s long-term commitment to India, a strategic center of digitization, innovation and technology. We are honoured to collaborate with people of India to accelerate each other’s economic growth and create a fruitful relationship. This initiative is a step towards the government’s vision “Make in India” to create sustainable competitiveness and prosperity,” said Michel Riva, CEO & Member – Board of Directors, R&M AG Switzerland.
“Since we have established our operations in India, we have made significant investments and are committed to being the strategic partner to India. Opening the production facility is another milestone in deepening our commitment to India,” added Riva.
Besides, the company wants to leverage this new facility to support and enhance overall supply of its cabling and passive network infrastructure products globally. It aims to increase the number of high-quality FO assemblies produced in India at optimal cost-efficiency levels to satisfy worldwide demand, and manufacture assemblies for other production plants, thereby contributing to “Make in India.”
“Today we lay the foundation for the next chapter in R&M’s development in India. The facility will bring advanced manufacturing capabilities in delivering a diverse product portfolio to our customers in India and across the Asian region. Further, it will help us to strengthen our position in structured cabling market,” commented Laurent Amestoy, Executive Vice President SR APAC, MO-Singapore.
“Opening production facility in India means that 2018 will be characterized by huge expansion in production capacities, where over 400 highly qualified employees will be producing Fiber Optic solutions in accordance with high R&M quality standards. With the Bangalore site up and running, R&M India is looking forward to stepping up production in the coming days. At R&M India, this is a new chapter of growth and expansion,” said Gaurav Ahluwalia, Managing Director – R&M India.
K S Rao, CEO – Sterlite Technologies, Sebastien Hug, CEO & Consul General (Swissnex India, Consulate General of Switzerland in Bangalore, along with Markus Stieger, COO – R&M remained present during the opening ceremony. Besides, over 200 business partners and customers across South Asia had attended the function.