Samson Controls Expands in India as Atmanirbhar Bharat Initiative
Samson Controls commenced the construction of a substantial unit within their existing Ranjangaon facility. This expansion is in response to the burgeoning demand in the Indian market. Additionally, the Samson Housing Project in Talegaon Dhamdere has already provided employees with top-tier housing options, easy access to schools, hospitals, markets, and convenient transportation to the Ranjangaon factory.
Atmanirbhar Bharat Abhiyan, the brainchild of Prime Minister Shri Narendra Modiji, was launched in response to the COVID-19 pandemic to manage the economic disruptions in India. The initiative aims to foster self-reliance and independence, bolstering the nation’s economy through an extensive economic stimulus package. Atmanirbhar Bharat Abhiyan encompasses a wide range of measures initiated by the Central Government to strengthen India’s self-sufficiency across various sectors, including infrastructure and services.
The event was graced by the esteemed presence of Dominic Deller, CFO and Member of the Executive Board at Samson AG, Germany, and Atul Raje, Managing Director of Samson India. Samson India also manufactures cryogenic and specialty valves for LNG projects. Their field of expertise extends from chemicals, petrochemicals, oil and gas, pharmaceuticals, food & beverage, steel, fertilizers, power plants, Hydrogen, and all kinds of process industry applications.
The company has a yearly global turnover of 800 million euros. Dominic Deller, expressing his enthusiasm about this phase of expansion, stated, “This endeavor is pivotal in solidifying our market presence amidst the surging demand. We have a unique opportunity to propel the future of our company in India and also on a global scale.” Atul Raje, sharing his vision for the company’s growth in India, affirmed, “We are highly motivated to contribute to India’s self-reliance by investing in local talent. With the establishment of our new factory, we anticipate a remarkably significant increase in our market share.”
