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Lapp India expands its Jigani unit

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Lapp India expands its Jigani unit

Lapp India recently announced the expansion of its Bengaluru manufacturing facility. The project will increase the company’s production area from the existing 5227 sq-mt to 10,803 sq-mt. The facility has the capacity to manufacture 60,000kms of multi core cables and 78,000 kms of single core wires per annum. The company has invested approximately Rs 165 million for this project. Andreas Lapp,chairman of the Board, Lapp Holding AG,said, “We are looking at addressing the market potential of Rs 55 billion growing at an average of 10% year-on-year until 2020 and beyond. This calls for regular investments in technology, infrastructure and of course people. The expansion of the Jigani plant is a step in this direction.”