BANGALORE, India—Trelleborg A.B. is investing in a new seal production facility in India, likely in the Bangalore region where the Swedish company plans to buy land.
Trelleborg to spend $29M on new seal plant in India
"India is one of the world's largest markets," said Peter Nilsson, president and CEO of Trelleborg. "We have had a presence in India for over 40 years, the sales trend has been very strong over the past 10 years, and we now generate annual sales of about $58.3 million in the country."
Nilsson noted that the new facility, which will replace existing facilities operating at full capacity, will increase production by 60 percent compared to what is manufactured there now.
Trelleborg produces its high-end seals for aerospace and health care, renewable energy and a number of niche markets.
Starting in 2026, the India facility will produce components for solar panels, energy efficiency, green transportation and water management. About $29 million will be invested in the build between 2023 and 2026.
"The Indian market is showing continued strong growth and the investment is part of Trelleborg's strategy to strengthen positions in attractive and profitable industries and geographic areas," Nilsson said.
In addition to sealing solutions made in India, Trelleborg produces automotive boots, cable entry components for telecom equipment and antivibration solutions for industrial and railway applications.
Trelleborg also maintains an IT center and a center of excellence in India.
Rubber News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].