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Wipro's global hydraulics division inks JV with Kawasaki

07 Dec 2011 Evaluate

Wipro Infrastructure Engineering, the global hydraulics business of Wipro, has signed a joint venture contract with Kawasaki heavy Industries in India to set up a large manufacturing facility for the manufacture of hydraulic pumps for excavators. The joint venture, which will be named as ‘Wipro Kawsaki Precision Machinery’ will entail  an investment of  Rs 50 crore, with an initial capacity  of 4000 pumps which would be augmented to Rs 15,000 pumps by 2015.

Further, the manufacturing facility will produce hydraulic pumps for excavators catering to a range pf 7 ton to 20 ton excavators. The plant located at Bangalore will start operations in July 2012 and will localize the production of the hydraulic pumps to a large extent.

Wipro Infrastructure Engineering is the world’s largest independent manufacturer of hydraulic cylinders. The new manufacturing unit to be set up at Bangalore will be its eleventh manufacturing location globally.

Kawasaki’s precision machinery company,  part of $16 billion dollar Kawsaki Heavy Industries Group, manufactures hydraulic components and equipments used in construction machinery as well as motor cycle, aircraft, rolling stock, ships, industrial robots, plants and equipments etc.

Peers
Company Name CMP
TCS 2318.75
Infosys 1084.75
HCL Technologies 1280.95
Wipro 171.60
Tech Mahindra 1607.00
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