Rittal plans to invest 20 million Euros in India

Bangalore, Jun 27: Rittal India Pvt Ltd., a 100 per cent subsidiary of Rittal Gmbh and Co of Germany, one of the world's largest enclosure manufacturers plans to invest 20 million Euros in the country.

The Chairman of Friedhelm Loh Group Friedhelm Loh said in a press release here today that the company, which completed 10 years in India, had rapidly increased its sales to over 50 million Euros.

Currently, the company employed 600 people and had a customer base of 400. The plant in India also exports to Rittal subsidiaries in Asia and West Asia. The company was planning to start a second manufacturing unit in the country.

Rittal has also supplied its electrical enclosures, networking and server racks for the Bangalore International Airport at Devanhalli near Bangalore.

UNI