ATMANIRBHAR BHARAT AJAX: INVESTMENT & EXPANSION PLANS IN 2021
New Investment:
AJAX Engineering, the World's largest manufacturer of SLCMs has recently earmarked around INR 100 Crores for the allotment of 20 acres of land in Bangalore from Karnataka Industrial Areas Development Board (KIADB) as well as for building a new manufacturing facility. This investment was done to expand its robust business operations to meet the demands of the construction industry in the future. The new factory that spreads across 20-acres will be equipped with state-of-the-art facilities to design and manufacture the newly introduced products, such as concrete Slip-Form Pavers, Boom Pumps, and Self-Propelled Boom Pumps. The annual production capacity for Boom Pumps and concrete Slip-Form Pavers would be 100+ units and 50+ units respectively.
Expansion:
A further investment of INR 40 crores is being done at the Gowribidanur plant to expand its existing facility where batching plants and transit mixers are being produced.
Speaking about the investment & expansion plans, Mr. Jagadish Bhat, MD & CEO, AJAX Engineering, “With our indigenously manufactured product portfolio and engineering expertise, we have been catering to the Indian as well as the global market requirements. We are positive that this investment will further strengthen the 'Atmanirbhar Bharat' initiative and create employment opportunities for the talented youth of the country.”
AJAX has always evolved over time by adapting to the needs of its customers with a clear and consistent goal towards becoming the most customer-centric organization with a strong customer focus. With the tailwinds of demand blowing in favor of concreting segment especially with a strong emphasis on indigenization, AJAX is an indigenous brand that has strategically aligned its product portfolio in line with the Indian government's 'Make in India; Make for the World' program by indigenizing its product portfolio offering state-of-the-art machines equipped with top-class technology manufactured at its Bangalore plant for the complete bandwidth of construction infrastructure segments. Furthermore, the implementation of the USD 1.4 trillion National Infrastructure Pipeline (NIP) plan spread over the next five years, will ensure a steady demand for the CE equipment in coming years. Focus from the government on infrastructure spending is very high where road project awards in April-September 2020 have grown by 140 percent and 23 expressways have been announced with the targeted completion between March 2023 and March 2025.
AJAX has been a leader in the industry with its cutting-edge digital and technological innovations at par with global standards. Leveraging technology to offer innovative products has been AJAX's strength all through. AJAX is committed to embracing digital transformation and is constantly re-inventing itself. Being the market leader in SLCMs, AJAX is dedicated to developing cutting-edge features to provide product accuracy and reliability in terms of technological advancement in our concreting machines. One of the latest innovations is the “Load Cell Weigh Batching System” for SLCM, which ensures a higher level of accuracy in the weight management of aggregates and ensures compliance to IS4925 which no other SLCM manufacturer offers today.
AJAX is renowned for its in-house engineering expertise, and is proud to introduce the first Slip -Form Paver designed, engineered, and manufactured in India. It is a versatile machine for concrete paving projects and is the best solution for your paving needs. The Slip-Form Paver was launched during EXCON 2019. The new, specialized paving machine is the first of its kind in India with low noise, excellent fuel efficiency, reliability, and durability – advantages that add significant value and appeal to end-users.
IMPORT SUBSTITUTE: AJAX concrete Slip-Form Pavers are import substitutes working in line with the Government of India's plan of Atmanirbhar Bharat where we are also working in this area to align ourselves to be self-reliant and have as many as components locally and make it a product made in India for the world.
AJAX Boom Pump is another marquee product resonating with the 'Made in India' theme as the Concrete Boom Pumps have been revolutionizing the construction of large commercial & residential buildings and structures. AJAX's Boom Pumps have overseen deployment in various applications & have been proficient for urban mega infrastructure projects commercial and office buildings, high rise segment, commercial retail spaces, bridges, airports, and various projects under the Smart Cities' initiative led by the Government of India.
With the continuing growth and evolution of the concreting industry, AJAX stays at the forefront of technological advancement, benchmarking processes, and best practices delivering customer-centric solutions.
