Copeland invests ₹500 crore in India to increase manufacturing capacity

By Staff Report September 23, 2024 6:43 pm

Copeland’s strategic expansion aligned with India’s ‘Make in India’ initiative will boost local manufacturing, support global demand and drive innovation for sustainable climate solutions.

Copeland, a global leader in sustainable climate solutions, is investing ₹500 crore (US$60 million) in India to expand its manufacturing facility in Atit, Maharashtra, and for the construction of a new global R&D centre in Pune, Maharashtra. The manufacturing, engineering, and R&D investments in India will expand existing engineering capabilities, increase the production capacity of Copeland’s compression solutions, and advance the innovation of sustainable heating, cooling, refrigeration, and industrial solutions.

Copeland is expanding its India facilities with an advanced scroll compressor line, demonstrating its commitment to both domestic and international markets in the region. The investments will expand Copeland’s existing Pune manufacturing facility by an additional 7,350 square meters over the next five years, and the addition of a 15,000-square-meter R&D centre focused on advancing Copeland’s climate solutions for its customers.

Ross B. Shuster, CEO, of Copeland, said, “India is an important growth market for Copeland, and this expansion reaffirms our commitment to both the Indian market and innovation. These planned investments will enable us to increase production capacity and reduce lead times for our customers in the region while supporting India’s energy and environmental goals.”

The addition of Copeland’s award-winning scroll compressors to the manufacturing lineup in India will advance cooling and refrigeration technology deployments for its customers based in the country. The company’s expanded R&D investments in India will play a major role in helping pave a more sustainable and innovative future, as Copeland supports three global megatrends: energy transition through electrification of heating demand, adoption of low-GWP and natural refrigerants, and safeguarding perishable food and medical products through an efficient and sustainable cold chain.

Sandeep Gupta, vice president & managing director, of Copeland India, said, “Copeland is committed to serving our customers in India and the region by helping them address the demand for sustainable solutions and world-class quality. These investments will establish India as a leading scroll compressor manufacturing and innovation hub. We are investing in India’s economic and sustainable future by supporting the Prime Minister’s vision of ‘Make in India’ and its aspiration to be a world-class manufacturing hub.