TUMKUR, INDIA – Incap India is investing €2 million to expand its production facility here, adding about 41,000 sq. ft. The expansion will bring the plant size to 133,900 sq. ft.
The EMS firm is expanding the production area, as well as material storage space. Preparations have begun and are expected to be completed by spring 2020.
“Within the past years, we have witnessed a vast growth in demand from both our existing customers, as well as new customers,” said Murthy Munipalli, managing director, Incap India. “We will be following the principles of sustainable building, i.e. paying special attention to efficient use of energy and other resources.”
Construction costs will be financed from operating income.
Incap is also upgrading its SMT factory in Kuressaare, Estonia. The company will invest €2.1 million to upgrade an existing line and replace a second line.
“Our increased production capacity and flexibility has allowed us to offer our customers more value, while setting up our manufacturing based on the specific needs of our customers,” said Greg Grace, director of business development, Incap Estonia.