21 December 2012

Stuttgart-based Lapp Group inaugurates second cable plant in Bhopal, India

- Investment of around 20 million euros
- Second plant in India after Bangalore
- Lapp Group is headquartered in Stuttgart, Germany

Bhopal/Stuttgart - 18 December 2012 - The second production plant of the Stuttgart-based Lapp Group was recently inaugurated in India. The recently completed construction stage alone represents an investment of around 20 million euros. This part of the new cable plant already currently produces 1,000 km of single core every day. These single-core cables are intended above all for use in building cabling. 

Andreas Lapp, Chairman of the Board of Lapp Holding AG and honorary Consul of the Republic of India for Baden-Württemberg and Rheinland-Pfalz, said at the opening ceremony: "We want to continue to expand our presence in India. There are still huge opportunities for growth here." The new plant in Bhopal will allow the Lapp Group to cover the growing demand in the Indian market. The market volume for single cores alone is massive. The Indian international subsidiary of the Lapp Group experienced double-digit growth in the last business year (2011/2012). The plant in Bhopal is the Lapp Group's second in India after Bangalore and covers an area of 117,000 square metres

The new plant in Bhopal was selected for strategic geographical reasons. Thanks to its central location in the heart of India, customers in the north and east of the country can be served better from a logistical point of view. The new plant can also aid in covering the increased demand for Lapp branded products in all of India. The next construction stages include the building of production facilities for other cable technology products. 

Headquartered in Stuttgart, Germany, the Lapp Group is a leading supplier of integrated wire, cabling and connector products and solutions. Its offering includes electrical and fibre optic cables, industrial plug-in and screw connectors, cabling solutions, automation technology and technical accessories. Lapp Group’s core markets are in the mechanical and plant engineering and electronics manufacturing sectors, with rapid market expansion in the renewable energy, mobility and life science industries. 

Lapp Group has remained in continuous family ownership since it was founded in 1959. In the 2010/11 financial year, it recorded total consolidated sales of 847 million euros. It employs some 3,000 people, operates 15 production sites and 41 sales companies and cooperates with approximately 100 national partners worldwide. 

Source: Lapp Group