Welcome!

Mobile IoT Authors: Chris Kocher, Elizabeth White, Sematext Blog, Carl J. Levine, Pat Romanski

News Feed Item

Parker Hannifin Corporation Opens Rs. 100 Crore Green Field Manufacturing Facility at Chennai

CHENNAI, January 9, 2013 /PRNewswire/ --

The New Manufacturing Site to Focus on Production for the Filtration, Pneumatics and Drives, Sealing and Shielding Businesses

Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, inaugurated its first green field manufacturing facility at Chennai. The state-of-the-art, world class facility is built on a 10 acre plot in Mahindra World City. The new manufacturing site will focus on production for the filtration, pneumatics and drives, sealing and shielding businesses.

The company has invested Rs. 100 crore in setting up the facility. The new facility will manufacture broad range of products and systems for segments such as automotive, off-highway mobile, telecom, oil and gas, mining, and primary metals.

The Chennai facility targets the employment of 300 people in the next 2 to 3 years. With this facility and acquisitions, Parker Hannifin India plans to double their revenues within the next 5 years.

Tom Williams, Executive Vice President and Operating Officer, Parker Hannifin Corporation said, "The inauguration of our first green field manufacturing facility at Chennai and localization of our products demonstrate our commitment to India as a key growth market. Our new Chennai facility will enhance our ability to support our customers locally here as we build our presence in new markets in India." 

"Expanding business in Asia, and specifically India, represents a significant aspect of Parker's future growth strategy. Asia represents approximately 10% of our sales today but over time we would expect that to be as much as 20% as our target is to double our business in the region over the next several years. A significant portion of our growth efforts in the region will be focused on India, as this country will play a critical role in our success in achieving these goals," Mr. Williams added.

Parker Hannifin is committed to investments and long-term growth in India. As part of the growth strategy, Parker has made five strategic acquisitions in India in the past two years and nine since 2005.

Arijit Sen, Country Managing Director, Parker Hannifin India said, "The investment in the new Chennai Parker India plant has established a strong foundation for our future success in India. Additional manufacturing capacity at Chennai will help the company to cater to the demand for high quality products, engineering solutions and systems in India. We have currently only built the first phase of the project in Chennai of 166,000 square feet and we expand further by 100,000 square feet in the second phase."

The Chennai facility is designed as a green building and is in the process of being LEED certified. This emphasizes Parker's commitment to providing a comfortable and healthy working environment and to using eco-friendly material and improved water and energy efficiencies.

Along with its investments in new manufacturing facilities and acquisitions, Parker India continues to invest into human resources, increasing its manufacturing talent and enhancing its product and system engineering capabilities. A well-networked sales organization operating through regional sales offices is supported by an expanding base of distributors and Parker stores to cover the customers, markets and large industrial footprint of India. Besides the established markets in off-highway mobile, oil and gas/CNG, mining, primary metals and automotive, Parker India will be focusing on the exciting and fast growing markets in power generation, renewable energy, railways, defense, and life sciences - which represent strong growth opportunities as India continues to build its infrastructure.

About Parker Hannifin Corporation

Founded in 1918, Parker Hannifin Corporation is a $13 billion, global company. Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets. The company employs approximately 60,000 people in 48 countries around the world.

Parker's engineering expertise and broad range of core technologies uniquely positions the company to solve some of the world's greatest engineering challenges. By partnering with customers, Parker improves their productivity and profitability and seeks new ways to solve humanity's biggest challenges. Parker is located in 48 countries around the world supporting 142 divisions with 311 manufacturing locations.

Parker's unrivalled industrial distribution network extends to approximately 13,000 locations globally. Through this extensive network of local, independent businesses, Parker brings its products and services to customers in 104 countries. This includes continued penetration of the ParkerStore network of industrial retail outlets, which has more than 3,000 locations around the world. www.parker.com

About Parker Hannifin India

The Company has aggressive growth plans in the Asian region and India will play an important role in that growth strategy. Parker has been in India since 1993 and has grown its business through acquisitions and building of new manufacturing facilities. Parker Hannifin India operates in 11 sales offices, 7 manufacturing facilities and employs more than 1,500 people. With a strong base of business and infrastructure, Parker has laid the foundation for future growth in India targeting markets such as mobile, oil and gas, mining, primary metals, automotive, defense, life sciences, railways etc.

Parker Hannifin is committed to investments and long term growth in India. As part of the growth strategy, besides increased manufacturing footprint out of the Mumbai and Chennai facilities, Parker has made 9 acquisitions in India in the past 7 years, including 5 acquisitions since Oct 2011. These acquisitions have created synergies to help grow their business in filtration, hydraulics and fluid connector groups.

With its aggressive investments in past few years, Parker in India has grown rapidly, entering new markets besides adding new products and customers. With its focus on enhancing its engineering resources and being a systems and solution provider across multiple technologies, Parker in India has executed several major new projects in hydraulics, pneumatics, instrumentation, automation, climate control, seals and filtration. 

Primary Media Contact: David Francis, [email protected], 91-9884052528

Secondary Media Contact: Noel D. Britto, [email protected], 91-9167156501

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management solutions, helping companies worldwide activate their data to drive more value and business insight and to transform moder...
SYS-CON Events has announced today that Roger Strukhoff has been named conference chair of Cloud Expo and @ThingsExpo 2016 Silicon Valley. The 19th Cloud Expo and 6th @ThingsExpo will take place on November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. "The Internet of Things brings trillions of dollars of opportunity to developers and enterprise IT, no matter how you measure it," stated Roger Strukhoff. "More importantly, it leverages the power of devices and the Interne...
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abil...
Digital innovation is the next big wave of business transformation based on digital technologies of which IoT and Big Data are key components, For example: Business boundary innovation is a challenge to excavate third-party business value using IoT and BigData, like Nest Business structure innovation may propose re-building business structure from scratch, as Uber does in the taxicab industry The social model innovation is also a big challenge to the new social architecture with the design fr...
If you had a chance to enter on the ground level of the largest e-commerce market in the world – would you? China is the world’s most populated country with the second largest economy and the world’s fastest growing market. It is estimated that by 2018 the Chinese market will be reaching over $30 billion in gaming revenue alone. Admittedly for a foreign company, doing business in China can be challenging. Often changing laws, administrative regulations and the often inscrutable Chinese Interne...
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, provided tips on how to be successful in large scale machine learning...
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
In his session at @ThingsExpo, Kausik Sridharabalan, founder and CTO of Pulzze Systems, Inc., will focus on key challenges in building an Internet of Things solution infrastructure. He will shed light on efficient ways of defining interactions within IoT solutions, leading to cost and time reduction. He will also introduce ways to handle data and how one can develop IoT solutions that are lean, flexible and configurable, thus making IoT infrastructure agile and scalable.
Data is an unusual currency; it is not restricted by the same transactional limitations as money or people. In fact, the more that you leverage your data across multiple business use cases, the more valuable it becomes to the organization. And the same can be said about the organization’s analytics. In his session at 19th Cloud Expo, Bill Schmarzo, CTO for the Big Data Practice at EMC, will introduce a methodology for capturing, enriching and sharing data (and analytics) across the organizati...
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
Internet of @ThingsExpo has announced today that Chris Matthieu has been named tech chair of Internet of @ThingsExpo 2016 Silicon Valley. The 6thInternet of @ThingsExpo will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
Video experiences should be unique and exciting! But that doesn’t mean you need to patch all the pieces yourself. Users demand rich and engaging experiences and new ways to connect with you. But creating robust video applications at scale can be complicated, time-consuming and expensive. In his session at @ThingsExpo, Zohar Babin, Vice President of Platform, Ecosystem and Community at Kaltura, will discuss how VPaaS enables you to move fast, creating scalable video experiences that reach your...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Businesses are struggling to manage the information flow and interactions between all of these new devices and things jumping on their network, and the apps and IT systems they control. The data businesses gather is only helpful if they can do something with it. In his session at @ThingsExpo, Chris Witeck, Principal Technology Strategist at Citrix, will discuss how different the impact of IoT will be for large businesses, expanding how IoT will allow large organizations to make their legacy ap...
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.