HF opens new India unit after full takeover of local subsidiary

Freudenberg, Germany — HF Group has opened a new production unit in India, marking a further step in its expansion in the country following the full acquisition of its local subsidiary earlier this year.

In a recent statement, the German mixing technology supplier said the new facility underlines its “long-term commitment to the region and its strategic importance,” and is intended to support closer collaboration with customers and improve local delivery capabilities.

HF did not provide details on the location of the new plant or the products to be manufactured.

The opening of the new facility follows the group’s move to take full ownership of its Indian subsidiary earlier this year.

The subsidiary, which previously operated as a joint venture under the name Indus UTH HF Mixing Systems Pvt Ltd, has now been renamed HF India Mixing Systems Pvt Ltd.

At the time of the acquisition, HF described the move as “a significant investment” and “a pivotal milestone” in its global expansion, aimed at strengthening its position in “a fast-growing market.”

Commenting on the strong growth prospects in the country, Co-CEO Ian Wilson said “the Indian economy runs on tires” and is expected to “more than double over the next decade.”

“The market in India is growing, especially for rebuilds and also for mixers and mills,” Wilson said.

Customers, he said, are increasingly demanding faster response times and more localised services.

HF said its India operations will focus on expanding local capabilities, including “rebuilding, repair and complete overhaul of mixers and mixing equipment,” as well as “manufacturing and supply of new mixing equipment.”

Site director N. Bhaskar said the full acquisition would allow the company to “offer enhanced services and also products,” with “a more focused approach to the Indian sub-continent customers.”

In its latest statement, HF said the new plant builds on these previous efforts, and will help “deliver innovative and reliable solutions locally”.

ERJ has requested for more information about the development from HF.