Analysis
Laird Technologies to open Facility in India
Laird Technologies has announced today that it will open a manufacturing facility in Chennai, India, further strengthening its proximity and support capabilities to key customers. The new facility, expected to open in mid 2007, will be approximately 150,000 square feet. Ground breaking is planned for January 2007.
The company's products used to support customers in India.
The Indian market for electronic products is substantial and growing very quickly, said Martin Rapp, CEO of Laird Technologies. The establishment of this new facility and organization in Chennai is just the start of what we anticipate to be a much more extensive presence for Laird Technologies' in
India in the future.
The company also will establish a local technical sales force to support the Indian market. Laird Technologies currently provides its customers in India with products for use in mobile phones, telecommunications infrastructure equipment, computer hardware and automotive electronics from facilities outside of India. Chennai, located in the state of Tamil Nadu, is positioned
near a developing major centre for electronics manufacturing.
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