• USD 20 million plant at Tunikibollaram, near Medchal, Hyderabad • Foundation stone laid for a specialized manufacturing facility to manufacture highly critical and complex parts at Tunikibollaram, IP, Hyderabad • Mitsubishi’s senior leadership team to join hands with the company in India Visits site of first specialized unit Hyderabad 22 December 2022: India’s leading precision engineering company, Azad Engineering took a pioneering initiative on Wednesday by laying the foundation stone of a specialized manufacturing facility for Mitsubishi Heavy Industries of Japan.
Rakesh Chopdar, managing director of Azad Engineering Pvt Ltd, laid the foundation stone for the new 11,800-sq. Azad and Mitsubishi’s journey began almost a decade ago with a few machines that went into a special bay at their current manufacturing unit, and is now taking on new dimensions with the upcoming manufacturing facility being set up exclusively for MHI. has entered.
Shri T. Nagayasu, CMD, Shri K. Tanaka, sub. Mitsubishi CEO, Mr. M. Hasegawa, Dy. GM, Takasago Manufacture of Blades and Combustion Parts, MHI, Japan Mr. Raja Rama Reddy, Head of Engineering, MHI, Japan Mr. Jayesh Ranjan, IAS, Principal Secretary, Industries & Commerce, (I&C) Information Technology, Govt. From Telangana, Shri Praveen PA, Director, Aerospace and Defence, Government of Telangana, Shri KP Vivekananda, MLA, joins Rakesh Chopdar to announce the commencement of work on the USD 20 million plant at Tunikibolaram near Medchal, Hyderabad , which is scheduled to be operational by mid-2024. It will be part of Azad Engineering’s upcoming Center of Excellence and Innovation and will employ around 300 people. Speaking on the occasion, Rakesh Chopdar, MD, Azad Engineering, said: “The collaboration with Mitsubishi to build an exclusive facility is a continuation of our commitment and deepening of our relationship as a preferred partner of global Original Equipment Manufacturers (OEMs). effort. . This is a high point of our decade-long business association with Mitsubishi and a testimony to AZAD’s commitment to excellence. Mr. K. Tanaka, Dy. CEO, Mitsubishi Heavy Industries said: “AZAD Engineering Machining Capacity is very impressive. They provide high quality and precision components for our gas and steam turbines. Hence, we are delighted to strengthen our partnership with Azad.” Mr. Raja Rama Reddy, Engineering Head, MHI, Japan said: “Our quality requirements are among the highest in the world and Azad is the only partner outside Japan, for some critical components, that can meet the exacting standards. Therefore, We partner with them for gas and steam airfoils. They are committed to a customer centric approach and high rates on cost competitiveness, making them an extremely attractive partner in our supply chain. Furthermore, we stand by unwavering delivery commitments Even during the recent lockdown period, when supply chains were disrupted globally, Azad has never missed the delivery deadline. Hence, our trust in him has grown manifold, Which is a strong foundation of our cooperation. Azad Engineering’s capacity expansion is part of the company’s strategy for the next 5 years to achieve a targeted growth of 35-40 per cent CAGR during this period.Azad GE, Siemens, Toshiba, MAN, Doosan Skoda, GE Aviation, Boeing, Honeywell is an end-to-end solution provider to global power generation and aerospace OEMs including Eaton, Rafale, BHEL, HAL and Baker Hughes.Speaking on the occasion, Jayesh Ranjan, Principal Secretary, Industries, Government of Telangana said, “ I congratulate Azad Engineering and Mitsubishi Heavy Industries for bringing this exclusive manufacturing facility to Hyderabad. This further demonstrates that Telangana has emerged as the most preferred manufacturing destination for global OEMs in the aerospace, precision engineering and heavy engineering sectors Praveen PA, Director, Aerospace and Defence, Government of Telangana said: “The Azad-Mitsubishi manufacturing facility is expected to attract a growing number of global industrial majors to set up their manufacturing facilities and supply base from our world-class aerospace and engineering ecosystem in Telangana. That indicates confidence”.
About Azad Engineering: Azad Engineering, established in 2008 by first generation entrepreneur Rakesh Chopdar, is a leading manufacturer of highly engineered complex precision parts for aerospace, power generation and oil & gas OEMs. Within a decade of its inception, AZAD has emerged as the country’s sole import substitute for quality forged and machined parts for the power generation and aerospace sectors. Azad has established itself as a technology driven and innovative company with manufacturing facilities meeting global standards. (Disclaimer: The above content is a press release and PTI does not take any editorial responsibility for the same.)
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