Velan Valves India Pvt. Ltd. (VVI), a wholly owned subsidiary of Velan Inc. opened its new 100,000-square-foot manufacturing plant in a special inauguration ceremony, presided over by Mr. Tom Velan, President and Chief Executive Officer of Velan Inc.
According to Mr. Ramesh Babu, Managing Director of VVI, “This new plant will complement the strong sales force we currently have in India. It will target the growing utility power market and the refinery segment. Velan is a preferred vendor to the existing National Thermal Power Corporation (NTPC) super critical projects and, with the opening of this new plant, we are now physically closer to the customer and will be in a position to offer faster deliveries at competitive prices. Velan products are currently in use in many of the petrochemical refineries, conventional and nuclear power plants, fertilizer plants, and aerospace industries in India and we look forward to strengthening and enhancing our engagement in this important and growing market.”
Mr. Tom Velan, President and Chief Executive Officer of Velan Inc., states: “India’s energy industries have become an important market for our products and for many years Indian suppliers have been part of our global supply chain. Many of India’s valve manufacturers, machine shops, and forging and casting suppliers are located in Tamil Nadu province so it is a good place to find experienced people and suppliers. The opening of our Indian production plant represents another important step in growing our manufacturing base in Asia.”