Rittal plans to invest 20 mn euro in India

Bangalore, June 27: Rittal India Pvt Ltd, a wholly-owned subsidiary of Rittal Gmbh and Co of Germany, one of the world's largest enclosure manufacturers, plans to invest 20 million euro in India.

Friedhelm Loh Group Chairman Friedhelm Loh said in a press release here today the company which completed ten years of presence in India had rapidly incresed its sales to over 50 million euro.

Currently, the company employed 600 people with a customer base of 400. The plant in India also exported to Rittal subsidiaries in Asia and West Asia.

The company was planning to start a second manufacturing unit in the country.

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

UNI