NCR India, the domestic subsidiary of US-based NCR Corporation, today said it will move its manufacturing unit from Puducherry to Chennai.
NCR Corporation, whose portfolio includes ATMs, Retail and Restaurant Point of Sale (POS hardware and software), said it will be moving its manufacturing unit from Puducherry to the new facility at Mahindra City in Chengelpet near here by the end of 2014.
The move was in keeping with its plans to execute future growth strategy and the Tamil Nadu facility was more than double the size of the Puducherry unit, the company said in a statement.
The company had two units in Puducherry, one each for manufacturing and Research & Development. The manufacturing unit was being moved to Tamil Nadu, said Jaivinder Singh Gill, Regional Vice President, NCR Corporation.
"NCR will continue to manufacture financial solutions such as ATMs (from the Chengelpet plant)" while expanding to transaction technologies for retail and hospitality industries, the statement said.
When asked about the investment into the Chengelpet plant, Robert Visintainer, Vice President, NCR Global Manufacturing, declined to share numbers but said the company has invested more than what it has done so far in any of its global facilities.
He also declined to reveal the production capacity of the local unit but said it was "three times" more than the Puducherry facility.
About 15 per cent of the ATM units produced out of here will be exported while the rest will be for the domestic market, he added.
