U-Tech Utpadan opens new manufacturing facility

U-Tech Utpadan had entered into an agreement with BFW – the machine tool major in India to manufacture and supply chip conveyors and coolant systems that meet BFW’s requirements. The new U-Tech Utpadan manufacturing facility, specially set up under this agreement, has commenced production.
The new modern assembly facility and a full-fledged fabrication shop were inaugurated at the hands of Ravi Raghavan, MD & CEO, BFW, on February 24.
The project cost, over Rs 1 crore, has been part financed by BFW under a soft loan arrangement.
For U-Tech Utpadan, a part of the Bangalore based 60 crore U-Tech Group, this is a big step forward in its growth story.
Under the ‘JIT’ model, U-Tech Utpadan will manufacture and stock BFW requirements, supplying the same to the BFW production line just in time, reducing inventory costs. Being in the same city, the physical proximity of U-Tech Utpadan’s new facility to the BFW manufacturing plant will also help reduce transportation costs.
The U-Tech Utpadan plant will work at peak capacity with the major production being utilised by BFW.
The plan is also to supply to BFW specially packaged, self-contained, ready to install plug and play coolant systems – which BFW can supply directly to its customers.
Anant Deshpande, executive director, will be heading this new project.