Manufacturer of automatic sensor doors Auto Ingress has set up its first assembly unit at Maraimalai Nagar near Chennai with an investment of Rs 12 crore.
The unit will assemble sliding, swing, revolving, telescopic, hermetic doors and gate accessories serving both residential and commercial segments, a company statement read.
The unit, set up at SIPCOT Industrial Park, is spread across 20,000 square feet and will produce automatic sensor doors priced between Rs 50,000 and Rs 3 lakh per unit.
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"We are delighted to make inroads into the Indian market with our first assembly unit. With an investment of Rs 12 crore, we chose Chennai for our first operations as the city is well connected," Auto Ingress Group MD Robert Donald Jessen said.
The factory will have an initial capacity of producing 4,000 units a year operating in a single shift, he said. The company plans to convert the factory into an automatic operator manufacturing plant in coming years.
With the assembly unit, the company expects to increase its revenue by 40 per cent as sales in India contribute 50 per cent to its total pie. The company has set a sales target of 3,500 units over the next two years.