Thermax inaugurates its state-of-the-art manufacturing facility in Sri City
M/s Thermax Ltd., a leading energy and environment solutions provider, inaugurated its state-of-the-art manufacturing facility in Sri City on Thursday, marking the beginning of construction of its production unit in Sri City. In a colourful ceremony held at the company premises, Ms. Anu Aga, Former Director, Thermax Board administered the inauguration in the august presence of Ms. Meher Pudumjee, Chairperson, Thermax Board, Mr. M.S. Unnikrishnan, Managing Director & CEO, Thermax, Mr. Ravindra Sannareddy, Founder Managing Director, Sri City and Mr. Raghavendra Rao, MD, CRIL.
Welcoming the guests, Mr. M.S. Unnikrishnan traced the growth of the company and presented the unique technical features of their products. He said “We have come up with a world-class facility that is aligned to our vision of ‘Smart Thermax’, and it is a significant step in diversifying our operations to leverage the infrastructural advantages of strategic locations such as Sri City. We have invested in digitisation and automation to facilitate zero-defect processes that will ensure superior quality products to our customers.”
Mr. Ravindra Sannareddy said,”As an environmental engineer, I was very keen to have Thermax in Sri City as it is the world renowned brand in the field of energy and environment solutions. Though we host several MNCs, we consider Thermax very special as it is the first Indian MNC in Sri City. Their presence further strengthens the manufacturing ecosystem of the park as they are the vendors to several production units in and around Sri City.”
Addressing the gathering, Ms. Meher Pudumjee said,“While this new plant will help us to serve our existing and potential customers in the southern region better, it will also be an important manufacturing hub for Thermax’s global operations that will augment our export capabilities.
With the increasing demand for green and energy efficient solutions globally, we see our vapour absorption products manufactured in this plant as an ideal fit towards sustainability.”
The plant, which was built on a plot of 40 acres in the Domestic Tariff zone in Sri City an initial investment of Rs. 166 crore, has the capacity to produce 400 machines per year and provides employment opportunity for about 300 persons.
The plant, which is the ninth manufacturing production unit of Thermax in India, will manufacture a wide range of vapour absorption machines comprising chillers, heat pumps and heaters in its first phase. All manufacturing processes are designed to create a safe and healthy working environment, and comply with the stringent green building norms.