Press releases () Oerlikon Balzers opens its 8th coating center in India
Balzers, Liechtenstein, February 14, 2013 – Oerlikon Balzers consistently executes its global expansion strategy. The opening of the 8th coating center in India, in Chandigarh (Punjab area) marks the next milestone in establishing a strong presence in regions with high growth business opportunities. “Despite current economic uncertainties we further invest proactively in our global footprint”, explains Dr. Hans Brändle, CEO of Oerlikon Balzers, “we believe in the growing demand in mobility in India and therefore increased our presence in one of the automotive parts and tractor industry hubs of the country.” Balzers coating technology makes production processes, e.g. in the automotive industry, significantly more efficient and environmentally friendly. This is of growing importance worldwide, and especially in the emerging markets. Oerlikon Balzers now has 90 coating centers worldwide.
The latest coating center is located in Chandigarh, one of the economic centers in the Punjab area, 260 km northwest of Delhi. Numerous local and international tractor and automotive component makers are based there. With the new coating center Oerlikon Balzers will serve the existing customers with faster turnaround times and attract new ones with its unique coating technologies.
Over the past 20 years Oerlikon Balzers expanded its global network of coating centers and capacities continuously. Whereas in 2000 the company operated 41 centers in 17 countries, the number has now reached 90 in 33 countries. The emerging markets in the Indian/Asian region played a crucial role in the expansion: 31 out of 90 coatings centers are already located in the Indian/Asian area today.