Bangalore, Sep 12 (UNI) Machine tool leader Bharat Fritz Werner (BFW) today announced its entry into global market with the setting up of a wholly owned subsidiary in Germany near Stuttgart.
The company in a release here claimed it had a variety of 365 machines, the largest range offered by any machine tool maker in the country. It also invested close to Rs 80 crore in R&D.
BFW has just completed the first phase modernisation at its plant, machinery and facilities, with an investment of Rs 80 crore.
The new spindle manufacturing facility signals the beginning of the second phase of modernisation at BFW.
The company introduced Vayu, a new generation CNC vertical machining centre, for the Indian market today. Vayu will be of special interest to auto ancillaries and manufacturers of passenger cars.
Vayu, a computer numerical control (CNC) machine, performs various kinds of operations, accommodating up to 24 tools, the release added.