- LATEST
- WEBSTORY
- TRENDING
MUMBAI
Pune-based Franke Faber to set up Rs50 crore plant
the Franke Artemis Group has decided to relocate its design centre from Sweden to Pune to upgrade and improve the technological know-how.
Updated : Oct 06, 2011, 05:44 PM IST
TRENDING NOW
)
AR Rahman, Saira Banu's daughter Raheema opens up on parents' divorce being linked to Mohini Dey: 'Always remember...'
)
Riddhima Kapoor Sahni reveals Rishi Kapoor's last two wishes: 'He wanted to see Ranbir Kapoor getting...'
)
Sana Khan, former Bigg Boss contestant, actress announces 2nd pregnancy with Anas Saiyad: 'Only Allah has power to..'
)
'Good to be back': After breaking up with Malaika Arora, Arjun Kapoor reunites with his 'partner-in-crime after ages'
)
'Your dance lightens up...': Little girl's dance on 'Tere Bina na Guzara E' steals hearts online, WATCH viral video
)
This Pakistani Influencer's private video leaked online, days after Minahil Malik and Insha Rehman's clips
)
32-year-old superstar forcibly kissed 15-year-old co-star; left her traumatised, crying; later laughed about it saying..
)
Amid Aishwarya Rai-Abhishek Bachchan divorce rumours, Jaya Bachchan says 'not my daughter' in viral video
)
Telecom rules to change from January 1, Mukesh Ambani's Jio, Airtel, Vi, BSNL will be affected due to...
)
Mukesh Ambani's SUPERHIT plan for Jio users, offers unlimited 5G access for 1 year for just Rs...
)
AR Rahman's bassist Mohini Dey reacts to her split linked with composer's divorce with Saira Banu: 'I know exactly..'
)
Gandii Baat, XXX actress Aabha Paul sets Instagram on fire with hot photos
)
Good news for Delhi-NCR residents, travel time from Noida to Gurugram to be reduced as new train service will...
)
Meet Mathira Khan, Pakistani influencer whose private video leaked after Minahil Malik, Imsha Rehman
)
Meet man who studied from IIT Delhi, IIM Calcutta, later resigned high-paying job in MNC, took Sanyas, now he is...
Pune-headquartered Franke Faber India Limited (FFIL), part of the Franke Artemis Group, is setting up a greenfield manufacturing plant at Sanaswadi in Pune to enhance its production capacity. In the first phase, the company would invest about Rs50 crore. The plant would be expanded in the second and third phases.
Moreover, the Franke Artemis Group has decided to relocate its design centre from Sweden to Pune to upgrade and improve the technological know-how.
The group, celebrating its centenary year, is one of the world’s leading manufacturers of kitchen appliances, food services, coffee system and washroom systems with a portfolio of 70 companies spread across 40 countries.
The FFIL is involved in manufacturing and marketing of kitchen hoods, hobs, cook tops, cooking range, built-in ovens and dishwashers under the brand name ‘Faber’ at its Pune set up, besides kitchen sinks, taps and biowaste disposers under the brand name ‘Franke’ in Aurangabad.
The group’s owner and chief executive officer, Michael Pieper and the managing director of FFIL, Ravi Gupta, told reporters that the company would strengthen its bond with Indian households by offering products with cutting-edge technology and reliable after-sales service.
“The new plant would meet the global standards of Franke Faber on productivity, quality and safety. It would be the export hub for Asia Pacific and Middle East regions,” added Gupta.
He said the new plant will have an annual production capacity of 9 lakh units, 5 lakh hoods, 3 lakh hobs and 1 lakh other appliances. “The plant will use the futuristically designed state-of-the-art equipment and will be the export hub for Asia and Middle East,” he added.
