Make in India

Transferon, a long-established manufacturer of industrial laundry equipment, has commenced preliminary work to establish an assembling unit in India. This move signifies Transferon’s strategic interest in the burgeoning Indian market and aligns with the broader trend of German firms seeking to expand their manufacturing footprint in the country.

Transferon, founded in Germany in 1972 by Peter Zaiser, has over 52 years of experience in delivering a wide range of laundry equipment globally, including tunnel washers, presses, dryers, ironers, and washer-extractors. The company already has a presence in Asia, having opened an office in Bangkok in 1994 and started dryer production in Thailand in 1998, followed by full-range production in 2000.

In India, “Transferon Started its operations in 2016, indicating an earlier step towards solidifying its presence.

The decision to set up an assembly unit in India is likely driven by several factors that are attracting
German companies to the Indian market:

Growing Domestic Market: India is on the cusp of becoming the fourth-largest economy, offering a vast and expanding consumer base for various industrial goods and services.

Manufacturing Hub Potential: India is increasingly viewed as a strategic base not only for local consumption but also for exports. The "Make in India" initiative and efforts to improve the business environment are encouraging foreign direct investment in manufacturing.

Skilled Workforce: India possesses a large pool of skilled and talented labor, particularly in engineering and technology, which is attractive to companies looking to develop and produce advanced technologies.

R&D Ecosystem: India's emergence as a hub for research and development (R&D) with numerous Global Capability Centers further enhances its appeal for international collaborations.

Government Support: The Indian government is actively working to streamline business processes, reduce compliance burdens, and resolve issues faced by foreign investors.

We have acquired 25,000 Square Meters of Land in Coimbatore. we have also identified some more places in India for further future Expansion Chennai, Pune and Hyderabad are the key Industrial Manufacturing Hubs we plan to expand our operations.

These preliminary work underscores the growing confidence of Transferons businesses in India's economic trajectory and manufacturing capabilities.

The move also highlights the potential for deeper Indo-German cooperation, especially in sectors like manufacturing and technology, as both nations aim to enhance their global competitiveness. The ongoing discussions for an India-EU Free Trade Agreement (FTA) are also a significant factor, with German industry leaders hoping for a swift conclusion to further boost bilateral trade and investment.