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Tecumseh Expands Hyd Manufacturing Plant
Hindu Business line [FRIDAY,February 19, 2010]
Hyderabad:
Compressor major Tecumseh Products, with two manufacturing bases in India at Hyderabad and Faridabad, is set to expand its exports to the US, parts of Europe and West Asia with a new range of products.
The company, which has tied up with a clutch of original equipment manufacturers (OEMs) for dedicated supplies, both for domestic and commercial and industrial applications, has registered good growth in the Indian market.
The unit's contribution from the region has also grown, according to Mr R.Ravi, Managing Director, Tecumseh Products India.
Speaking to Business Line, Mr Ravi said following the restructuring of global operations of Tecumseh, the company is now focussing on compressor manufacture and supply, providing a solutions approach to customers.
This includes new lines with investment of $7-8 million and testing services set up with investment of about $1.5 million. The company has invested $70 million in India.
The other two divisions of the company, engines and pumps, which also constituted big business, have been hived off. Following this development, the global operations have been restructured and India has become one of the five strategic regions serving neighbouring countries, South East and West Asia, he said.
“The company had lost some market to Chinese makers in the last couple of years. Following our investment in a new plant in India and a total manufacturing capacity of about 5.5 million compressors per annum, and addition of new product lines, we are now able to serve new markets,” he said.
“The Indian market is poised for major growth phase over the next few years with increased consumption of our products. Just like some of the sectors have grown in the last few years, the refrigeration and air-conditioning industry will grow further,” he said.
The incentives China provides make products cheaper.
The Indian Government could consider bringing them on par with their prices as this will encourage exports and encourage more manufacturers, he said.
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Tecumseh Expands Hyd Manufacturing Plant
Business Standard [MONDAY,February 19, 2008]
Chennai/ Bangalore:
Tecumseh Products India, which supplies air conditioning and refrigeration compressors, has expanded its manufacturing facility by setting up a rotary compressors plant in Hyderabad for an investment of Rs 100 crore.
The installed capacity of the manufacturing plant, expected to commence production in two months, is 750,000 compressors per annum.
This is in addition to the existing reciprocating compressor plant, which has a capacity of 900,000 units per annum.
Tecumseh’s other manufacturing plant (compressors for commercial refrigeration), in Ballabgarh (Haryana), is equipped to produce 2.4 million units per annum.
A subsidiary of Tecumseh Products (USA), the Indian operations came through the acquisition of manufacturing plants of Sriram Refrigeration in Hyderabad and Whirlpool in Ballabgarh in 1997.
“The Indian subsidiary is now the fastest-growing unit, contributing about 12 per cent to our global sales of $1.5 billion. We see a tremendous opportunity to further our business as the Indian economy is growing at a faster rate. We expect India to drive growth as more projects in the real estate are being commissioned,” said Tecumseh vice-president (sales & marketing) William J Merritt Jr.
He said the company would introduce the latest products in the Indian market.
“We are keen on expanding the manufacturing plants in India further to produce the latest products like scroll technology-based compressors locally. The financial details are being worked out. We have similar plans for Brazil, France and North America. But the focus will be on India,” he added.
Tecumseh India MD Prabhakar Kadapa said the company will also introduce high efficiency compressors and higher capacity air conditioning compressors in the domestic market.
“India is also emerging as a major hub for export of all our products,” he stated.
Tecumseh India exports over 60 per cent of its products to South Africa, West Asia, China and Turkey.
In India, Tecumseh has partnerships with major brands like LG, Whirlpool, Voltas, Electrolux, Fujitsu, Blue Star and Videocon.
World over, Tecumseh has multiple manufacturing plants producing 70,000 compressors every day.
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Tecumseh's Ultramodern Products Launch
PRAJAVANI [SATURDAY,FEBRUARY 16, 2008]
KARNATAKA:
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Tecumseh Entered Commercial Refrigeration Business
THE ECONOMIC TIMES [FRIDAY,FEBRUARY 15, 2008]
BANGALORE:
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Tecumseh to Enhance Presence in India
THE HINDU[FEB.14 , 2008] BANGALORE:
The US-based Tecumseh Products Company, providers of cooling solutions (compressors) to air conditioners and refrigerators, plans to boost its presence in the Indian market.
Plans include launching high-end energy efficient products and enhancing service lines in the country, said Mr Prabhakar Kadapa, Managing Director, Tecumseh India.
Tecumseh will be soon launching rotary compressors for air-conditioning and commercial applications in India. A manufacturing unit has been set up in Hyderabad and commercial production is expected to start in a couple of months.
The company plans to launch high efficiency AW compressors and higher capacity aircon compressors, said Mr Kadapa. It will also showcase some of its latest products that include commercial scrolls, at the ACREX – India ’08 exposition to be held in Bangalore from February 15 to 17.
Tecumseh India is a fully owned subsidiary of Tecumseh Products Company. Its other plant in India is in Ballabgarh (Haryana). In India, the company has partnerships with brands such as LG, Whirlpool, Voltas, and Blue Star. Tecumseh India exports about 65 per cent of its solutions to markets such as West Asia, South Africa, Turkey and China.
The Indian subsidiary accounts for 12 per cent of the company’s global sales of $1.3 billion. “We are the fastest growing markets for the company, growing at 20-25 per cent for the last two years,” said Mr Kadapa.
Mr Bill Merritt, Vice-President – Marketing, North American Compressor group, said, “Tecumseh sees great potential for the new and emerging commercial refrigeration products and solutions in India. With its low-cost manufacturing base and availability of skills, it can become a global supplier of these products.”
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Tecumseh commissions rotary compressor unit
Hindu Business line
[
MONDAY, SEPTEMBER 12, 2005
]
HYDERABAD:
TECUMSEH Products India, part of the $2-billion US major, has commissioned its 7,50,000 rotary compressor unit capacity at its manufacturing base at Balangar, making it the first company to achieve this figure in the country.
The company is planning to make this centre its export base for the region, according to Mr Vipin Sondhi, Managing Director.
He said that a new rotary compressor would be available in six models and cater to the 1.5-tonne and 2-tonne ranges, which constitute almost 90 per cent of the market.
This being the only plant of Tecumseh in the region, it plans to cater to the Chinese and West Asian markets and the region in general.
The response to these rotary compressors has been extremely encouraging from original equipment manufacturers (OEMs), both domestic and overseas.
Apart from being energy efficient, these compressors provide the dual advantage of cooling and heating options and can take temperatures of up to 54 degree Centigrade under ambient conditions. This was not possible before. Hence, West Asia provides immense potential.
Going forward, the company expects to manufacture compressors that can take high-voltage fluctuations and run without additional voltage stabilisers. Such products would be ideal for markets such as India, Mr Sondhi told newspersons.
Explaining the significance of the rotary compressor unit, Mr J.D. Chatterjee, Vice-President of Operations, said that the precision that this plant has brought about was a lot more than what the automobile industry has achieved in the country.
Currently, more than 80 per cent of domestic market uses rotary technology, now imported from China and South-East Asia. The rotary compressor market has been growing in the country at about 30-35 per cent annually over the last three years.
Typically, companies that assemble air-conditioners place orders with overseas companies in advance and wait for a couple of months for the orders to materialise given the issues of transport and other logistics problems. The Tecumseh plant will help OEMs bypass this problem.
Tecumseh India, which has two units - one near Hyderabad and the other at Ballabhgarh - recorded turnover of Rs 480 crore in 2004 and has projected revenues of Rs 600 crore this year.
Later this month, the new rotary plant is set for formal launch by the company Chairman.
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Tecumseh sets up rotary compressor unit
Times News Network
[
TUESDAY,SEPTEMBER 13, 2005
]
HYDERABAD:
Compressor manufacturer Tecumseh India, wholly-owned subsidiary of the US-based $2-billion Tecumseh Products Company, on Monday announced the setting up the country's first rotary compressor manufacturing facility at Hyderabad.
The Rs 475-crore Tecumseh, which supplies air-conditioner and refrigerator compressors to appliances firms such as Whirlpool, LG Electronics, Voltas, Samsung and Godrej, has two existing plants, in Hyderabad and Haryana. The rotary facility has been added at its plant in Hyderabad.
Vipin Sondhi, MD, Tecumseh, that full-scale production at the new plant would commence next month, though initial manufacturing has already begun. "Since there is no other Indian plant for rotary manufacturing, we have a big opportunity for import substitution," he said.
As of now, over three-fourths of the 12-lakh units domestic AC market utilises imported rotary compressors, all of which are brought in either from China or South East Asia.
With the new facility, Tecumseh has projected a turnover of Rs 600 crore by December 2005. An overall investment of $110 million has been pumped into Tecumseh India. Sondhi did not rule out further investments by the parent company, but added that no such plans were firmed up yet.
The plant has the capacity to manufacture 7.5 lakh units annually. Over 50% of Tecumseh's products are exported, and its key exports markets are Saudi Arabia, China, Korea and the Middle East. It kicked off Indian operations in 1997, with the acquisition of compressor manufacturing units of the Shiram group.
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Tecumseh inaugurates rotary compressor plant
Newindpress
[
TUESDAY,SEPTEMBER 13, 2005
]
HYDERABAD:
Tecumseh India, one of the leading compressor manufacturers has announced that the country's first rotary unit at its plant in Balanagar township in Hyderabad will be operational from September 12.
Talking to reporters on the sidelines of the inauguration of the plant, Vipin Sondhi, MD, Tecumseh said, initially, the new facility would be manufacturing 7.5 lakh units of rotary compressors. ‘‘With this plant, manufacturers of air-conditioners will have the option of domestic sourcing of worldclass rotary compressors. Currently more than 80 per cent of the 12-lakh unit AC market uses rotary technology and at present all these compressors are being imported from China or South-East Asia,'' he said.
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Tecumseh commissions rotary facility at Hyderabad
Business Standard
[
TUESDAY,SEPTEMBER 13, 2005
]
HYDERABAD:
Tecumseh India, a 100 per cent subsidiary of Tecumseh Products Company (TPC), US, commissioned state-of-the-art rotary compressor manufacturing facility at its Balanagar plant in Hyderabad on Monday.
Tecumseh is a leading supplier of compressors to LG, Voltas, Hitachi and Bluestar in India, and to Gree and Midea of China, Alessa of Saudi Arabia and Vestel of Turkey.
Speaking to mediapersons, Vipin Sondhi, MD of Tecumseh Products India Pvt Ltd, said, “The new plant offers our original equipment manufacturers an option to source rotary compressors from within India instead of relying only on imports and also expand our export base especially in the Middle East.”.
The rotary manufacturing facility, spread over 48,000 sq ft is the first in India, and the only rotary compressor plant of Tecumseh in the entire Asia-Pacific region including China, apart from those in the US and Brazil, he added.
The new rotary facility adds to Tecumseh’s already existing reciprocating compressor plant at Hyderabad. While the r plant has been raised to a current capacity of seven lakh units pa year, the new rotary facility has an installed production capacity of 7.5 lakh units annually.
Sondhi said that the rotary usage in the Indian market was growing at the rate of 30-35 per cent over the last three years and hence offered an opportunity to capture the domestic market which earlier depended on imports. Currently, more than 80 per cent of the 12-lakh unit domestic AC market uses rotary technology and, at present, all these compressors are imported from China or Southeast Asia, he said.
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Tecumseh will launch Rotary Compressor
Deccan Chronicle
[
TUESDAY,SEPTEMBER 13, 2005
]
HYDERABAD:
Tecumseh India, a subsidiary of Tecumseh Products Company of the United States, sees India as a springboard to exports in the Asian region, with exports expected to increase as the company launches its rotary compressors, a senior company official said on Monday.
Talking to reporters at the unveiling of rotary compressors at Tecumseh's manufacturing unit here, Vipin Sondhi, managing director of Tecumseh India, said that currently exports accounted for 35 per cent of the company's revenues in India. The biggest market for Tecumseh India's compressors was Saudi Arabia followed by China, Mr Sondhi said.
He said that Tecumseh was the first company in India to manufacture highprecision rotary compressors for the airconditioning industry. "The Hyderabad unit has a capacity to manufacture 7.5 lakh units annually, and we expect to supply these compressors to airconditioner companies in India. Currently, India imports most of the rotary compressors," Mr Sondhi said. India's domestic AC market is estimated to be 12 lakh units per year.
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Tecumseh India bags US order
The Hindu Business Line [
TUESDAY, JULY 26, 2005
]
NEW DELHI: TECUMSEH India, a 100 per cent subsidiary of Tecumseh Products Company (TPC), USA, has signed a multi-million dollar three-year contract with a US engineering giant for product development through its design hub CADEM centre.
CADEM centre provides engineering solutions to multinational companies and is functioning as an independent profit centre for Tecumseh in India.
Mr Vipin Sondhi, Managing Director of Tecumseh India, said, "CADEM Centre has emerged as a specialised entity and is a key constituent of our vision for Tecumseh India. This contract will provide a major boost to our operations."
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Tecumseh sees rise in exports
The Economic Times [
FRIDAY, APRIL 15, 2005
]
NEW DELHI: Tecumseh India on Friday said it has doubled exports of air conditioner compressors to 5 lakh units during 2004 and aimed at 30 per cent export growth this year.
Exports are being targeted to contribute a revenue of 60 per cent, of which aircon compressors would contribute 75 per cent, Tecumseh said.
Tecumseh also claimed it has become the first company to export one million air conditioner compressors from the country.
The export of air conditioner compressors is targeted to China, Saudi Arabia, UAE and Turkey, it said.
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