The EOU scheme of the Indian government was established to promote export activities by granting a variety of (mostly tax-related) advantages. Schmersal India does already benefit from these advantages because in 2018, a first EOU was established – on a more or less humble basis.
Sandeep Sharma, Plant Head, ITC Pune, having two decades of corporate experience in Food Processing, Bulk Chemicals, Minerals Processing, graced the event by being the chief guest of honour for this ceremony.
Sagar Bhosale, Managing Director of Schmersal India informs, “We started with a single production line in a confined area of 221 sqm, however no later than one year we have added two more production lines.”
Now lines 4 and 5 are on the horizon, and the business development plans include a rapid growth of export. The room for the realisation of these plans is available with the e-inauguration ceremony of its enhanced EOU on an area of nearly 1,000 sqm, every year two or three new production lines shall be added.
This plan is ambitious and at the same time realistic. Bhosale said, “We are confident that we will use the full space very soon because we are able to produce safety devices in highest quality at a competitive price – and the international Schmersal network opens up the channels to address demanding customers world-wide.”
During the online e-inauguration ceremony, greetings were transmitted from the German Consul General of India, The Mechanical Engineering Industry Association - VDMA India, top national and international customers, Distributors and Vendors of Schmersal India. Philip Schmersal, MD, Schmersal Group, emphasised, “The inauguration of the Export Oriented Unit that we celebrate today brings together German products, Indian craftsmanship, high quality and competitive prices and contributes to the economic success of the entire Schmersal group. We create new jobs in India, we fill the factory and we produce competitive products to highest quality standards.”
In the year 2007, Schmersal India was incepted as a sales only organisation and to becoming the youngest production site of the Schmersal group, located at Ranjangaon, Pune, has written a real success story in the last thirteen years.
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