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PARI Collaborates With Robotics India For Auto Assembly Solutions |
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Written by Adiban_Maran
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Thursday, 12 April 2007 |
Precision Automation and Robotics India (PARI) has signed up partnership deal with Cinetic Assembly, France in order to expand, produce, and offer resolutions for automotive assemblage, which comprises overhead channeling & electrified monorail systems (EMS) system solutions in India.
The senior officials said the partnership is expected to yield incomes of Rs 300-500 crore by the next five years.
PARI and Cinetic will provide cost-efficient solutions by local fabrication, engineering & service accompaniment. PARI will also present transmission & EMS systems, fabricated under Cinetic license.
Govind Oza, Director of business development at PARI said, “The synergy between the two companies provides us and our customers a win-win situation as world-class assembly lines will now be available at cost-effective prices. The growth in automotive manufacturing in India offers us a huge potential for business growth in this area.”
At present, PARI is the leading artificial intelligence (robotics) and automation solutions supplier for the construction business in India. It also exports its solutions to worldwide clients including Hitachi Metals, Honeywell, American Axle Manufacturing, Dow Corning, Caterpillar, Emerson, Alfa Laval, and Fanuc Robotics.
The company’s gainful and indigenous solutions have facilitated Hero Honda, Maruti, Tata Motors, Bajaj, Suzuki Motors, Ashok Leyland, Toyota Kirloskar, TVS, and their component providers, to get competitive advantage in their constructing processes. |