New Delhi: Tecumseh India, a wholly owned subsidiar of the US based global compressor manufacturing major Tecumseh Products Company, has decided to make India its hub for exports of refrigeration and air-conditioning compressors to the Asian region.

“We are currently exporting our air-conditioning compressors to countries like Pakistan, Bangladesh, Nepal, Saudi Arabia and the United Arab Emirates,” Vipin Sondhi, managing director of Tecumseh India said.

“We plan to significantly expand our market for both air-conditioning and refrigeration compressors in other Asian countries in the next two years. Tecumseh India will be developed as the export hub for the Asian region,” Sondhi said.

According to Sondhi, the company, which exported over 6,000 air-conditioning compressors in fiscal year 2000-01 out of its total production of 200,000 units, will increase its exports to 20,000 in the current fiscal, covering 10 per cent of the total production.

India is the fourth manufacturing base, outside the US of Tecumseh Products Company. Other two manufacturing bases are located in Brazil and France. The company's main clients in India in both refrigeration and air-conditioning segment include Whirlpool, Electrolux, LG, Videocon, Godrej, Amtrex Hitachi and Voltas.

“The Ballabgarh facility was commissioned last year for manufacture of ozone friendly compressors for refrigerators and commercial refrigeration equipment,” Sondhi said, adding the facility would achieve the production target of 1.5 million units by end of the calendar year 2002.

“Currently we are utilising only 80 per cent capacity of the Ballabgarh unit. Operations at the facility would be upgraded soon to increase the production volume to three million units by 2005 with an additional investment of $ 15 million,” he said.

The company, which sold 1.5 million refrigeration and air-conditioning compressors in the domestic market last fiscal has projected a growth rate of 25-30 per cent in the financial year 2001-02.

India Abroad News Service

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