Setting up operations in India – Establish a footprint in India to produce world-class electric motors

09/04/2023

Business:

A Global leader engaged in design and manufacture of Electric Motors

Challenge:

Establish a footprint in India produce world-class electric motors for the local and surrounding region

Actions:

Evaluated greenfield and brownfield options. Chose the acquisition route for speed. Started as JV and bought out partner in 2 years

Added new production lines for technology transfer of the latest products from North America

Built a leadership team, with multiple fresh talents to work with the existing

Built culture of Quality, productivity, and a winning attitude

Results:

Business operational, technology transfer concluded in less than 6 months New processes and were equipment installed and operational at a fraction of cost incurred by parents First in the country to operationalize Lean Six Sigma Increased Contribution Margin by 10 points, Operating Margin by 30 points. Became supplier of choice to the Middle East and for export models in China. Became the largest exporter of electric motors from the country