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Danish agency Lind Jensen Equipment units up manufacturing unit at Oragadam in Chennai

Danish hydraulic cylinder producer Lind Jensen Equipment (LJM) has arrange its first manufacturing unit in India at Oragadam II in Chennai. This would be the firm’s second manufacturing unit in Asia, after the one that’s operational in China.

IndoSpace, proprietor of Grade A industrial actual property and logistics parks, has expanded its tenant portfolio by onboarding LJM. It has leased 50,000 sq ft of warehouse area in Oragadam II to the Danish agency.

€2 million venture

On the new facility, LJM will produce hydraulic pitch, lock cylinders, and accumulators for the wind turbine business. The venture has obtained an funding of €2 million thus far, says a launch issued by Indospace, which has a community of 44 logistics parks with 49 million sq ft delivered/beneath improvement throughout ten cities.

The power is anticipated to start trial manufacturing by the tip of July 2022. LJM would develop high-quality items with lengthy operational lives for each native and worldwide markets. In its preliminary section, LJM shall be using 40–50 staff on the Oragadam unit.

Rajesh Jaggi, Vice Chairman – Actual Property, Everstone Group stated “We’re delighted to have the ability to present an amazing industrial ecosystem facility in Oragadam II for LJM to fabricate top-of-the-line elements for the wind vitality sector. It will certainly go a great distance in assembly India’s rising want for sustainable vitality, and we look ahead to an enduring relationship with them.”

Martin Anderson, CEO of Lind Jensen Equipment stated, “We see an amazing alternative to arrange the unit right here given the long-term potential, not simply within the wind turbine section, but additionally in different sectors. For us, it’s the excellent time to be right here, and we’re positive that India will turn out to be an export hub for areas resembling North America, South America, and Europe sooner or later.”

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June 24, 2022

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