TDK opens €10m capacitor factory in India
TDK has officially opened a new €10m factory in India for the manufacture of power capacitors.
Operated by TDK subsidiary Epcos India Pvt. Ltd, the facility in Bawal, Haryana, some 100km southwest of New Delhi, will manufacture AC capacitors for motor start and motor run applications and capacitors for power factor correction (PFC), primarily for the Indian market.
“The capacity expansion allows us to take advantage of the growing demand for capacitors in India and to increase sales in the Asian, European and North American markets as well,” said Klaus Ziegler, chairman of TDK-EPC.
An important market for the supplier is India’s market for consumer durable goods which has an annual growth rate of 10 to 20%. India is also the company’s largest single market for PFC products.
The company also has plants in Nashik, Maharashtra, and Kalyani, West Bengal.
According to Natarajan Balakrishnan, managing director and CEO of Epcos India: “The new factory, which has already started commercial production, also positions us much closer to many important customers in northern India.”
Initially, the new plant will produce Epcos-branded AC and low-voltage PFC capacitors, which are also manufactured in Nashik. The AC film capacitors are used in motor start and motor run applications in washing machines, refrigerators, or pumps.
The plan is to expand production to include medium-voltage PFC capacitors for rated voltages between 1 and 35 kV. The Bawal plant will serve as the company’s only factory for these products, which are vital components in the power transmission and distribution infrastructure.
Epcos India has invested around €10m in the facility and nearly 400 people are now employed in Bawal.