Oerlikon Balzers consistently executes its global expansion strategy. The opening of the eighth coating center in India, in Chandigarh, 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, particularly in the automotive industry, significantly more efficient and environmentally friendly. This is of growing importance worldwide, especially in the emerging markets. Oerlikon Balzers now has 90 coating centers worldwide.
The latest coating center opened in Chandigarh would attract numerous local and international tractor and automotive component makers based there. With this center Oerlikon Balzers will serve the existing customers with faster turnaround time and attract new ones with its unique coating technologies.
Over the past 20 years, the company has expanded its global network of coating centers and capacities continuously. Whereas in 2000 it 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 this expansion.