Expanding Singapore and India operations
9th December 2023GERMANY: Fans and motors manufacturer EBM-Papst is investing €1m in expanding its facilities in Singapore and India.
According to the company, the original headquarters of the Southeast Asia region will assume greater importance within the EBM-Papst Group and manage the entire Asia-Pacific and Middle East Asia region.
Part of its “decoupling China” strategy, EBM-Papst says the move will strengthen its global presence in the rest of Asia and increasing the resilience of its supply chains. In China, the company and its nearly 2,000 employees are focusing even more strongly on the Chinese market and its local customers.
A grand opening to unveil the modernised Singapore office and warehouse the end of November. This was followed by the inauguration of new IT office in Chennai, India. At the same time, the company announced the expansion of its Chennai production capacities.
Group CEO Dr Klaus Geißdoerfer described the strengthening of the Singapore and India sites as a significant milestone. “Singapore is a pioneer in the areas of digitalisation and sustainability, as well as the hub of the Asia region—a perfect combination for us. In India, we are expanding our production capacity in order to supply our local customers even faster and according to their wishes,” Geißdoerfer said.
“China is and will remain an important part of the EBM-Papst Group and entrepreneurial activities in the Asian region,” added Thomas Nuernberger, CSO/CEO Air Technology APAC & MEA.
“True to our local-for-local approach, we will produce in China for China. This strategy makes us more independent of potential economic policy tensions, trade restrictions, and fluctuating exchange rates. Our new ONE Shanghai building will continue to function as an important Chinese headquarters,” he added.
EBM-Papst has been represented in Singapore and India since 1996. In Singapore, the company currently employs around 38 people. Another 31 employees work in the Southeast Asia region, including Malaysia, Thailand, Vietnam, Philippines, and Indonesia. Around 340 people are employed in India.