Norbar Torque Tools has announced the launch of its new sales and customer support operation in, India, with an initial investment of Rs.100 million. The new facility was inaugurated at MHAPE, VASHI
Online PR News – 27-January-2012 – – Norbar Torque Tools India Pvt. Ltd. launches operations in VASHI
To invest Rs.100 million in India
Mr David Moore, Deputy Head of Mission, British Deputy High Commission Mumbai along with Mr Neill Brodey, Managing Director inaugurate India Operations
India: 21st Jan 2012: Norbar Torque Tools has announced the launch of its new sales and customer support operation in, India, with an initial investment of Rs.100 million. The new facility was inaugurated at MHAPE, VASHI
Norbar Torque Tools India Pvt. Ltd as the Indian company is called will be headed by General Manager, Narendra Borse who brings a wealth of engineering experience to Norbar, his most recent position being with Walter Cutting Tools, where he developed their Indian support and sales operations.
The Indian operations will take care of Sales & Service including Calibration activities. The strength in India will be 15 to 20 employees within next 18 months.
Speaking at the occasion Mr. Narendra Borse, GM Norbar Torque Tools India Pvt. Ltd said, “We are present in India for past 30 years. However the business has come through few pockets of the industry. We wish to expand our business primarily through our distributor network, and reach every customer requiring our products. We are in process of setting up our Distributor network. We intend to have our distributor in every Industrial location in India”
With its main manufacturing site at Banbury, Oxfordshire, UK, Norbar Torque Tools is recognised as the world's leading specialist in the design, development and production of torque tightening and measuring equipment. Norbar has consistently enjoyed a high degree of success in world markets and exports 75% of its production. The company was awarded the Queen's Award for Enterprise: International Trade in 2009.
Philip Brodey, Sales & Marketing Director, explained that Norbar has worked with a number of Indian distributors for many years and is looking forward to building on that relationship in years to come. "India is a country with remarkable potential and the economy continues to show consistent long term growth. A permanent presence for Norbar in India's commercial hub of Mumbai is a major step in providing precision torque solutions for this rapidly expanding market."
Norbar Torque Tools Ltd (U.K.) was founded in year 1942. It was the first company in Britain to commercially manufacture a Torque Wrench. Today, Norbar Torque Tools is one of the largest and most modern plants in the world devoted exclusively to the design, development and production of torque tightening and measuring equipments. Norbar’s product range includes Torque Wrenches, Torque multipliers (both hand and pneumatic), torque measuring and calibration equipment. Norbar’s UK facility is the head office for the group and it is also the primary manufacturing site and location of the UKAS accredited torque calibration laboratory.
Norbar has a U.K. manufacturing base and a turnover of Rs. 400 crores. It has operating companies in seven countries, and a global network of distributors. For more than 30 years, Norbar has a presence in India through a distributor network. One of the main objectives to setup an office in India is to provide quality products along with excellent technical support. The opening of India office is aligned with the company’s strategy of expanding its operations in India by widening its distributor network in the country.
The major customers for Norbar in India are across every Industry segment namely Oil & Gas, Valves, Aviation, Ship building, Transportation, Energy, Automotive and General Industry.
Norbar has its presence in Mumbai, Pune and Chennai and other states across India
For more information please login to the company’s web site at www.norbar.in
Few quotes from the Inaugral Speeches:
Mr David Moore, Deputy Head of Mission, British Deputy High Commission said, “I am very happy to see that Norbar Torque Tools has now setup operations in India. The facility is very good, and will be beneficial for the Indian industry as a whole.”
Mr Neill Brodey, Managing Director said, “70 years ago, my grandfather had founded Norbar . He would have been very pleased to see the progress made by Norbar through expanding its business globally. India offers very good opportunities and Norbar India will provide improved level of technical support & service.”
Mr Jonathan Firnberg (Director, Norbar India) said, “One year ago, the project to setup Indian operations was started under my leadership. I feel very happy to see that Norbar India is operational now. It is important to spread the business for Norbar, not only through exploiting the opportunities, but also giving high level of technical support to customers, and helping them to improve their quality.”