Laird Technologies, provider of wireless and advanced electronics applications, has set up its first offshore manufacturing facility in India, investing over 15 million dollars in the process.
The US headquartered company designs and supplies customized, performance-critical products essential in enabling and protecting the functionality of electronic devices and wireless applications.
Once fully operational, Laird plans to employ some 1200 people who will work towards fulfilling the organisation’s vision of aggressively expanding its customer base in the country over the next 12-18 months.
“Availability of a skilled work force, support from the Tamil Nadu Government, the presence of good logistics, excellent infrastructure facilities, lower costs and our 'close to the customer' strategy were reasons for the choice of Chennai as our first offshore location in India," said Sri Talpallikar, Managing Director-India, Laird Technologies.
The 160000 sq. ft manufacturing facility will initially produce antennas, battery packs and EMI shielding products for cellular handset applications for its Indian customers. The company also expects to export the products, manufactured at the Chennai facility, to overseas markets.
“Our new manufacturing facility in Chennai is a big step for us in our goal to be local, globally. With the facility becoming operational, we now look forward to introducing a wider range of our products, and servicing the rapidly growing electronics market in India," said Marty Rapp, CEO, Laird Technologies.
Laird Technologies already supplies products to large Indian enterprises in the mobile phone, telecom infrastructure equipment, computer hardware, and automotive electronics sectors, from manufacturing facilities outside India.
Laird Technologies, a unit of the UK-based Laird Group PLC, employs over 14,000 employees across 40 facilities located in 14 countries. |
