Epiroc, the Swedish global market manufacturer of drill rigs and hydraulic breakers for the quarrying, mining and construction industries, was today holding a groundbreaking ceremony in Hyderabad, India, to expand its manufacturing facility for rock drilling tools.
Epiroc was today also inaugurating an innovation and technology centre in Hyderabad. The investment is part of Epiroc’s growing focus on India as a key hub for manufacturing, research, and development to support customers throughout the region. Epiroc’s investment covers the expansion of land, new buildings, and state-of-the-art machines.
“India is a key growth market and an important manufacturing and innovation hub for the Epiroc Group,” says Helena Hedblom, Epiroc’s President and CEO. “It’s been great to see the growth in the Hyderabad product company in recent years, and this investment shows our trust in India’s future potential.”
Epiroc has maintained a strong presence in India for more than 60 years, with manufacturing locations in Hyderabad and Nashik, an innovation and technology centre in Bangalore, and a sales and marketing presence in all major regions of the country. The company employs around 1,600 people and has its head office in Pune.
The Hyderabad factory produces rock drilling tools such as rotary bits and down-the-hole products. Epiroc doubled the facility’s capacity in 2017 and is now expanding further. The investment will create employment for around 30 additional people. Production in the expanded area is expected to begin around April 2025.
“This investment will create a base for future expansion of our rock drilling tools capacity to support the growing Indian market,” says Arunkumar Govindarajan, President of Epiroc India. “The investment also supports our ‘Make in India’ initiatives.”
‘Make in India’ is a government initiative encouraging companies to develop and manufacture products in India.
“By opening an innovation and technology centre in Hyderabad, we are coming closer to the huge talent pool in this key region,” says Chandu Rao, General Manager of Epiroc Innovation & Technology Center in India. “This will strengthen our efforts to support customers with the latest innovative products and solutions.”
