Engel Group and EPM: Strategic Partnership for Injection Moulding in India

Strategic partnership Engel expands footprint in Indian injection moulding market

2024-12-09 Source: Engel 1 min Reading Time

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Austrian Engel Group has entered a strategic partnership with Electronica Plastic Machines (EPM), combining decades of expertise to strengthen local production and innovation in India. Focused on the 'Make in India' initiative, the collaboration leverages EPM's Pune facility to produce advanced injection moulding machines, with plans to expand into the Middle East and Africa.

The EPM and Engel management team(Source: Engel) — The EPM and Engel management team
(Source: Engel)

The Engel Group has entered a strategic partnership with Electronica Plastic Machines (EPM), a renowned Indian manufacturer of hydraulic injection moulding machines. By acquiring a stake in EPM, the company becomes part of the Engel Group, creating opportunities for closer cooperation in the Indian market.

EPM, a second-generation family business based in Pune, has been recognized for its expertise in the Indian plastics machinery industry for over 30 years. ENGEL and EPM share a common mindset, that emphasises family ownership, sustainable business practices, and a people-first approach. This alignment provides a strong foundation for the partnership.

The collaboration focuses on strengthening local production and innovation, particularly through the “Make in India” initiative. EPM’s manufacturing facility in Pune will serve as a hub for the production of advanced injection moulding machines tailored to the specific needs of the Indian market. In addition, Engel hopes that the partnership opens opportunities to export Indian-manufactured machines to regions such as the Middle East and Africa.

Aditya Ratnaparkhi, Managing Director of EPM, will continue to lead the company as Managing Director, ensuring continuity and stability. The Engel Group will provide access to its global network and technical expertise, while maintaining EPM’s independence and strong reputation in the market.

“Our goal is to support EPM’s growth while preserving its strong identity,” said Dr. Stefan Engleder, CEO of the Engel Group. “We are united by shared values and a commitment to sustainable and long-term success.”

Aditya Ratnaparkhi echoed these sentiments: “This partnership allows us to leverage Engel’s strengths while continuing to build on EPM’s legacy.”

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