With the favourable winds blowing in favour of the
windmill industry, the Chennai-based helical gear
motor manufacturer Bonfiglioli Transmissions Pvt Ltd,
the wholly owned Indian subsidiary of the Italian
Bonfiglioli group, will soon start manufacturing gear
motors for windmills.
company has drawn up an Rs20-crore investment plan
for this venture. Says CEO M Ganesh, "We have
planned to manufacture 7,000 units next year and in
2008 the production would go up to 18,000 units."
According to him, each windmill will need around three
addition, the Indian subsidiary has also expanded
its helical gear motor production capacity at an outlay
of Rs25 crore. "The additional investments are
for plant and machinery and land," says Ganesh.
its operations in 1999, Bonfiglioli Transmissions
is a wholly owned subsidiary of the Italian Bonfiglioli
group. Till date the group has invested around Rs100
crore in the Indian venture. Interestingly, the Indian
venture is the first full-fledged manufacturing plant
outside Italy for the group though it has set up 13
assembly plants away from Italy.
from manufacturing helical gear motors, Bonfiglioli
Transmissions markets other gear motors of its parent
group in India. According to Ganesh, the trading activity
contributes around 40 per cent of the company's turnover.
calendar year the Italian company had a turnover of
€33 million, which is projected to go up to €45
50 per cent of the company's turnover is from exports
to South East Asia, the Middle East, Australia and