UK based engineering company Damper Technology Ltd (DTL) has announced it is opening an Indian subsidiary.
The newly incorporated company, Damper Technology India Private Limited (DTL India) is currently setting up offices in Coimbatore, Southern India. A management team has been established and a team of approximately 10 engineers, project managers and sales staff are being recruited from the local area. Initially, manufacturing will be subcontracted but the overall objective is to purchase or build their own manufacturing facility there within the next few years.
DTL have been a part of the Orbinox Valves International (OVI) Group since 2009, and the decision to go into India was made after a 2 year feasibility study highlighted that to serve the Indian domestic market, you must have a base over there. The decision was made easier as the group already have a manufacturing facility and links in the Tamil Nadu region of India.
DTL design and develop equipment that regulates the flow of air or gas for the energy industry. And India, as a developing economy has more and more installations which require the types of valves and dampers that are essential for the safe operation of power stations, oil rigs, cement works and other heavy duty industry.
Mark Hancock, Managing Director of DTL said: “Within three years the hope is that the Indian operation will be turning over as much as the UK but the two offices are not in competition, as a lot of the project execution and complex design work will still be managed from the UK.”
DTL India will be led by Mr Suresh Menon, based in India. Mark Hancock will sit on the board, and the DTL Sales Manager (Peter Adams), Engineering Manager (Andrew Mellor) and Operations Director (Gary Tunnicliffe) will all be heavily involved in supporting the venture. Peter having exhibited at the Powergen India Exhibition during 2011, already has plans for two exhibitions (In Calcutta and Delhi) this year.