Tudor India has announced a capacity expansion at its transportation manufacturing facility in (Ahmedabad), Gujarat. The company whose products are marketed under the Perstolite brand, is investing in equipment upgrades, line expansions, infrastructure and utilities to increase operational capacity from 600.000 batteries up to 1, 000,000 batteries per year.
Tudor India is the India arm of Chloride Motive Power Batteries. U.K., a wholly owned subsidiary of the Alpharetta-Georgia, USA based global leader in stored electrical energy solutions. The company increased its capacity in FY07 resulting in growth in its financial performance. For the half year ended September 30.2007, Tudor India registered a 44 percent increase in net sales to Rs 581 million as compared to the same period for the previous year.
The newest planned capacity expansion, expected to be completed by June 2008, will also allow for the operations production of innovative state-of-the-art products in wet form for original equipment and aftermarket customers in the region. "We expect that the planned capacity increase will allow Tudor India to further increase its share and brand image in the rapidly developing Asia Pacific battery market. "said Luke Lu President-Asia Pacific for Alpharetta-Georgia USA. "The expansions is part of our Companys overall strategy the focuses on taking advantage of profitable growth opportunities- both in manufacturing and global sourcing - particularly in India and China."
In 1997 Tudor India was the first company to introduce maintenance free lead-acid batteries designed with polyethylene separators, cold forged terminals and bone dry charged batteries in India. The company offers products for most types of vehicles manufactured in India, including cars, light and heavy commercial vehicles, sport utility vehicles, and tractors.
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| Posted : 2/27/2008 |
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