Chennai:
With the buoyancy in the telecom and manufacturing
sector, the city-based industrial fan manufacturers,
Nadi Group, is on an expansion mode. It has two joint
ventures with different overseas partners to manufacture
industrial fans and instrument cooling fans with applications
in a wide variety of industries.
Its
industrial fans are manufactured by the Rs13.7-crore
turnover Nadi Airtechnics Pvt Ltd a 50:50 joint venture
between Nadi Group and the US-based Twin City Fan
Companies. According to managing director J B Kamdar,
the company has been growing at 60 per cent necessitating
the expansion. The Indian market for industrial fans
is estimated to be around Rs200 crore.
The
Rs.3.5-crore expansion will enable the company to
fabricate 1,000 tons of steel into industrial fans
which is equivalent to Rs30 crore turnover. Kamdar
says, "These industrial fans are custom made
and differ in sizes. So it will be difficult to quantify
the capacity in terms of units." Last year the
company fabricated 700 ton of steel.
According
to him, Nadi Airtechnics caters to automobile paint
shops, nuclear, hydro and thermal power stations,
steel, textile, marine ventilation, railways, foundry,
defence, pneumatic conveying industries. The customers
include Tata Motors, Larsen & Toubro, Nuclear
Power Corporation of India Limited, Bhabha Atomic
Research Centre, Bharat Heavy Electricals Limited,
General Motors, Durr India and others.
On
the other hand, the small-sized instrument cooling
fans (upto 6-inch diameter) used in cooling of circuits
in industrial electronics and computers are manufactured
by Ebm Nadi International Pvt Ltd, the 51:49 JV with
the majority stake-holder German company, ebm Papst,
holds 51-per cent and Nadi group 49 per cent.
The
Rs4 crore fresh investment enables the company to
enter the 8- and 10-inch fan segments incorporating
the external rotor motor. "The new facility would
double our capacity to 600 fans per day. Export opportunities
are also there," said Kamdar. The domestic market
size is estimated to be in the region of Rs80 crore.
According
to Thomas Borst, managing director, ebm-Papst Mulfingen
GmbH & Co.KG, the small fans find use in telecom
and IT sectors.