Skip to content
  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
Daily News India

Daily News India

Just another WordPress site

  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
  • Toggle search form
  • Awareness of Fake News and Misinformation by Dadi Dada Foundation Press Release
  • Persona Mrs. India 2021 Season 4 Grand Finale held In Mumbai By Trimakraj Entertainment Lifestyle
  • National CSR Network Launches Capacity Building on CSR Competency Framework Business
  • India leading the SDG dialogue with 56 countries and 4100 participants at the RISE World Summit 2022 Press Release
  • India Luxury Foundation to come up with ILF Calendar 2022 Lifestyle
  • Directed By Rampguru Sambita Bose, ALEE CLUB 23rd MISS & MR TEEN INDIA 2021 – Grand Finale Held on 29th October 2021 Lifestyle
  • SpidervellA National Talent Hunt Exam- In The Search Of Future Tech Talents Press Release
  • Even in these difficult times of pandemic, Banas Dairy has surpassed these huge companies in Terms of business Business

AZAD Engineering to Invest Rs.500 crores on the 3rd lean manufacturing plant in Hyderabad – lays foundation stone on site

Posted on November 23, 2021 By dsprime 13 Comments on AZAD Engineering to Invest Rs.500 crores on the 3rd lean manufacturing plant in Hyderabad – lays foundation stone on site

Hyderabad (Telangana) [India], November 23: Azad Engineering Pvt Ltd, a Hyderabad based market leader in Precision Engineering, a company that caters to the Energy, Aerospace, Heavy Machining, and Oil & Gas Global OEMs, is in the process of setting up its 3rd state-of-the-art lean Manufacturing Facility & Centre of Excellence of Global Standards at Tunki Bollaram, Medchal Malkajgiri District of Telangana.

The company recently laid the foundation stone at the site and plans to invest over Rs 500 crores over the next 3 years on this plant. Spanning over an area of 23.45 acres, in a phased manner, this facility will create a one-of-its-kind precision manufacturing eco-system that will feature Uber- Smart, Lean and Modern Shop floors with the most advanced manufacturing technology and will showcase cutting-edge futuristic technologies such as Industrial Artificial Intelligence, Robotics, Digitization, Lean etc. The company is also planning to acquire IGBC Gold Rated Green Building certification for this Plant. The construction of the first phase of 30,000 sq meters will be completed by July 2022. Hence, this facility will be operational by Q2FY23 and will primarily manufacture and export supercritical components for Global OEMs in the Aviation and Power Generation Industry such as GE, Mitsubishi, Siemens, Toshiba, MAN, Doosan Skoda, GE Aviation, BOEING, HONEYWELL, EATON, RAFAEL, BHEL, HAL, Baker Hughes among others. Besides, the setting up of this Plant will benefit the local communities in and around its vicinity as it is expected to create employment opportunities for around 1000 people.

Speaking to the media, Rakesh Chopdar, Managing Director, AZAD Engineering, said, “Setting up this 3rd plant is part of our strategic initiative to significantly scale up our manufacturing operations by investing in world-class, Industry 4.0 lean manufacturing facility to cater to the demand of our esteemed global clientele. We are very excited for this new phase of our growth, and so we are investing in creating a facility that will feature unique capabilities in Precision Forging, Sheet Metal Fabrication, HVOF, TBC, Thermal spray Coating, EB Welding, Chemical processing (NADCAP), Metal Joining (NADCAP), Non-conventional processes (NADCAP), Fluid distribution system (NADCAP), Facility for – ETF / ITF and specialty fasteners, Testing laboratory (NABL) along with Robotics and automation to name a few.

It took us years to clear all the major stringent entry barriers, and now is the time to ramp up the scale of production to meet the demands. AZAD is all set to witness rapid ramp-up in the top line with each of its clients, given the qualification process is already completed and all the business contracts/orders are in place. We are all set to grow a CAGR of over 50% over the next 5 years with an impressive and sustainable bottom line.

AZAD Engineering Pvt Ltd was established in 2008 by first-generation entrepreneur Rakesh Chopdar, Azad Engineering is a world-class manufacturer of highly engineered, complex, and supercritical rotating components for niche turbine and aerospace industry used for Power Generation and Aircraft OEMs. Years of combined experience and relentless pursuit of economical solutions to complex and critical manufacturing challenges have positioned Azad as an industry leader with a clear monopoly in India & catering to the world, Azad is still the ONLY qualified rotating component manufacturer in India for several high-end technology turbines to many OEM’s. Azad, over the last few years, has focused on securing qualifications and today stands qualified for all models and frames for its client base, making it the only qualified partner for its product line from India. A typical qualification process lead time is typically 3-3.5 years for a new entrant, Azad’s focus on qualification has not hindered their healthy CAGR growth of 15% since its inception.

Azad, an end-to-end solution provider, has established itself as a one-stop partner for reputed global power generation & Aerospace OEMs. The company expects to deepen its relationship as a preferred partner and continue to enjoy the flagship position with a new facility coming up over the next 18-24 months. ​

Earlier in the month of June’21, Azad Engineering had successfully closed its first round of funding of USD 20 Mn from DMI Finance Pvt. Ltd, a Non-Banking Finance Company (“NBFC”) founded in 2008, whose core businesses include wholesale finance.

With a mission to put India on the global radar, Azad Engineering has challenged the current mindset around manufacturing in India to establish India as a one-stop world-class facility & is keen to be the torchbearer of Indian specialized manufacturing for all the end-to-end needs of a global OEM. He envisions transforming the entire manufacturing industry using digital manufacturing and Industrial AI, right from the design process and production floor to the supply chain and administration.

Business Tags:Business

Post navigation

Previous Post: Film Antaryatri Mahapurush (The Walking God) Poster released based on the life of Sant Shiromani Digambar Acharyashri Vidyasagar Ji Maharaj
Next Post: Persona Mrs. India 2021 Season 4 Grand Finale held In Mumbai By Trimakraj Entertainment

Related Posts

  • City to witness green planet run for environmental sustainability on November 13 Business
  • Sid Productions: The Team that is Going from Brand Marketing to Feature Films Business
  • Hester Biosciences Ltd reports Net Profit of Rs. 3.56 crore and Revenues from Operations of Rs. 50.7 crore in Q1FY23 Business
  • Shivani Nirupam launches her clothing Label Business
  • ICL Fertilisers launches  leaf testing lab and crop advisor tool to benefit Indian farmers Business
  • Christos Tsiftisdis- The maestro Entrepreneur from Greece Business

Comments (13) on “AZAD Engineering to Invest Rs.500 crores on the 3rd lean manufacturing plant in Hyderabad – lays foundation stone on site”

  1. marizonilogert says:
    October 9, 2022 at 8:49 pm

    My brother recommended I might like this website. He used to be entirely right. This publish actually made my day. You can not imagine simply how a lot time I had spent for this information! Thanks!

  2. почистващи машини says:
    October 22, 2022 at 10:46 pm

    Fascinating blog! Is your theme custom made or did you download it from somewhere? A design like yours with a few simple adjustements would really make my blog jump out. Please let me know where you got your design. Kudos

  3. Europa-Road says:
    November 11, 2022 at 10:42 pm

    Attractive section of content. I just stumbled upon your weblog and in accession capital to assert that I acquire in fact enjoyed account your blog posts. Any way I’ll be subscribing to your augment and even I achievement you access consistently rapidly.

  4. zmozeroteriloren says:
    November 23, 2022 at 11:20 am

    Outstanding post, I think website owners should larn a lot from this blog its really user pleasant.

  5. How to Write a Business Plan for a Building Of Fish-processing Factory Vessels Business says:
    December 16, 2022 at 3:34 pm

    Hello just wanted to give you a brief heads up and let you know a few of the pictures aren’t loading properly. I’m not sure why but I think its a linking issue. I’ve tried it in two different web browsers and both show the same outcome.

  6. Beginners Guide to Growing Aristea (Home & Garden Handbook) says:
    December 22, 2022 at 4:55 pm

    When I originally commented I clicked the -Notify me when new comments are added- checkbox and now each time a comment is added I get four emails with the same comment. Is there any way you can remove me from that service? Thanks!

  7. The Best Places to Drink in Perm (Russia) says:
    December 23, 2022 at 2:42 pm

    Yay google is my king assisted me to find this great website ! .

  8. How to Become a Splitting-machine-operator Helper says:
    December 24, 2022 at 1:25 am

    Very interesting info !Perfect just what I was looking for!

  9. Top Places to own a Vacation Home in Anshan (China) says:
    December 24, 2022 at 2:58 pm

    I like what you guys are up also. Such intelligent work and reporting! Carry on the superb works guys I¦ve incorporated you guys to my blogroll. I think it’ll improve the value of my site 🙂

  10. How to Become a Stained Glass Artist says:
    December 25, 2022 at 3:32 pm

    I see something genuinely special in this website .

  11. How to Write a Business Plan for a Offset Sheet Fed Printing Machinery For Offices (wholesale) Business says:
    December 29, 2022 at 12:33 pm

    Whats up very cool site!! Guy .. Beautiful .. Wonderful .. I’ll bookmark your web site and take the feeds also…I’m satisfied to find so many useful info right here in the submit, we’d like develop extra techniques in this regard, thank you for sharing.

  12. A Beginners Guide to Unicycle basketball (Volume 1) says:
    January 1, 2023 at 1:38 pm

    Hello there! I know this is somewhat off topic but I was wondering if you knew where I could locate a captcha plugin for my comment form? I’m using the same blog platform as yours and I’m having difficulty finding one? Thanks a lot!

  13. Beginners Guide to Growing Coreopsis (tickseed) (Home & Garden Handbook) says:
    January 3, 2023 at 7:24 pm

    As I website possessor I believe the content material here is rattling fantastic , appreciate it for your hard work. You should keep it up forever! Best of luck.

Leave a Reply Cancel reply

Your email address will not be published.

Recent Posts

  • New age creators across films, TV, OTT, and songs get candid at The SWA Awards 2022 Winners Roundtable
  • Utkarsh Saxena is all geared up for Tum Bhi Pachtaoge featuring Mohd Sharia
  • Satish Reddy, Director, World News Network to Promote Investors and startups in India
  • Billionaire and the Royal lineage Shaji Ul Mulk’s daughter, Princess Sania Mulk marries US-based Bilal Khalid Ahmed in a lavish wedding ceremony
  • Testronix Sets a benchmark for Manufacturing High Quality Testing Instruments  

Recent Comments

  • Angla Kanda on India’s First & Fastest Growing Kids Gym Chain, “Sportyze”, Is Now Available Digitally
  • maddisrock cam on The dawn of a new world with Property Gully
  • Small Loan on Fashion influencer Bushra Boumehdi considers her parents as her biggest inspiration
  • slot gacor online on Gururo.com collaborates with IU University, Germany to Offer World-Class Post Graduate Certificate in Program Management
  • Faith Arendale on Level Up in the New Year with Compelling Offers from Kingston Technology
  • Dhoomimal Gallery in the collaboration with Allure Art presents “ILLUSIONS OF TIME “A solo show by Artist Vijender Sharma Business
  • Corient Offers Tailored Outsourced Accounting Solutions to Businesses Business
  • Athos Edusolutions to conduct a national-level principal’s conclave in Mumbai Press Release
  • Lightning Feet launches Sports Event Booking Portal and 4th Edition of LF Juhu Half Marathon -2023 Press Release
  • India Is Proud of World Shooting Champion Rudrankksh Balasaheb Patil-World News Network Press Release
  • Stufflane.com targets a turnover of Rs. 12 crores next fiscal year Business
  • Abhishek Ray & Anwesshaa are on Cloud Nine as Their Latest Himalayan Music Videos cross a Million Views Each Entertainment
  • Instafood announces over 25 varieties of easy-to-cook authentic Indian cuisine across the country Business

Copyright © 2023 Daily News India.

Powered by PressBook News WordPress theme