FFE Minerals India, a wholly owned subsidiary of FL Smidth & Co of Denmark,which supplies technology,equipment and plants to the cement and minerals sectors, will expand its engineering sector in Chennai.It has bought six acres at Siruseri on Old Mahabalipuram Road and has commenced work on the centre.FFE Minerals India now has 800 engineers on its rolls and this number is expected to go up to 1,200 by 2007,when the first phase of the centre will be ready,according to Jorgen Huno Rasmussen,Group CEO,FL Smidth and Co.
In the first nine months of this year alone,the company has recruited 200 engineers from disciplines such as chemical and mechanical.Mr Rasmussen said that the group viewed India as a promising market for its content and mineral activities and also as a resource base. The Chennai engineering centre -one of the three engineering centres in the group, the other two being in the US and Denmark -would increasingly contribute to projects being taken up by the group worldwide, Rasmussen is confident about the growth prospects of FFF Minerals India and expects the company to increase its order bookings by 50 percent this year and another 50 percent next year.
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| Posted : 2/2/2006 |
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