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Belden holds groundbreaking ceremony for $40 million plant expansion in India

Belden recently marked a significant milestone in its operations in India with the groundbreaking ceremony of expansion of the company’s manufacturing facility in Chakan, Pune.

A press release said that the expansion, which will add 19,000 sq m to the existing footprint, represents an investment of approximately $40 million. The expansion will result in a substantial increase in Belden’s production capabilities, allowing the company to meet the rising demands for network and data solutions. With this investment, Belden aims to strengthen its foothold in both domestic and foreign markets. Phase II of the Chakan plant will serve as a hub for delivering high-quality products for network infrastructure solutions worldwide.

Belden’s expanded facility will be equipped to manufacture state-of-the-art specialized Ethernet switches and firewalls designed for industrial and building automation, connectivity solutions and assemblies of patch cords and connectors tailored for diverse industrial applications, reinforcing Belden’s global impact.

“In India, where industrial, broadcast and enterprise markets are experiencing remarkable growth, our expansion is strategically positioned to cater to this unique opportunity,” said Nexans President and CEO Ashish Chand. “With the expansion of our facility, we are emphasizing our dedication to sourcing raw materials locally. This underscores our unwavering commitment to ‘Made in India for the World.’ With the strategic establishment of this facility, we not only strengthen our domestic roots but also envision it as a pivotal export hub.”

Dr. Chand, who joined Belden in 2002 and was named president and CEO in 2023, played a pivotal role in developing and executing Belden’s long-term growth agenda, solutions and product strategy, and go-to-market efforts. He made key contributions towards establishing and growing Belden throughout the Asia Pacific region, including setting up manufacturing in China and India.

Read 979 times Last modified on March 7, 2024

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