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JC Valves to make India entry, will invest Rs 100 cr21 February, 2008:
JC Middle East FZC, a subsidiary of
the Spain-based JC Fabrica de valvulas
SA has decided to enter the Indian
market. The company, an
internationally renowned manufacturer
of industrial valves, will import and
sell valves in the Indian market till
production commences at its facility
being set up at a 5-acre land in
Mahindra City. JC Middle East FZC said
it would invest Rs 100 crore in its
operations in India. Adding that the company's main focus would be to cater to the power and oil and gas industry requirement in India, he said JC Valves uses vacuum technology castings produced by ETC, its own foundry, to cater to the power sector. These products currently being imported will be manufactured locally in its plant at Mahindra City. The factory at Mahindra City is expected to be ready by the end of 2009. With this facility, the company will have the capacity to manufacture valves ranging from ˝ an inch to 48 inches. JC has heavily invested in the development of new products, quality assurance and protection against harmful emissions in order to assist customers in safely controlling their processes. "We will be able to manufacture better quality valves in India as the overall process from raw material sourcing to assembly will be under a single entity. With the entire supply chain process in place, we would be better placed than our competitors in terms of delivery and pricing," Kottikollon said.
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