Phoenix Con­tact In­dia Pvt. Ltd. cel­e­brates 25 suc­cess­ful years

The year 2018 is a mile­stone for Phoenix Con­tact In­dia Pvt. Ltd., a lead­ing tech­nol­ogy-ori­ented com­pany, as it cel­e­brates its 25 glo­ri­ous years of op­er­a­tion in In­dia.

Electronics Bazaar - - Contents - By Baishakhi Dutta

The cel­e­bra­tions of the suc­cess and of over­com­ing the chal­lenges of the past 25 years were kick-started with a fe­lic­i­ta­tion cer­e­mony in the au­gust pres­ence of Klaus Eis­ert, a share­holder; Frank Stuehren­berg, the Global CEO; Axel Wach­holz - Global CFO and Di­nesh Par­wanda, the Pres­i­dent of Phoenix Con­tact In­dia Pvt. Ltd., In­dia.

“The jour­ney of 25 years has been chal­leng­ing. It all be­gan with a joint ven­ture part­ner­ship in 1993. Af­ter a slow be­gin­ning, the com­pany’s turnover took off from the year 2006 and since then, there has been no look­ing back. We con­tin­u­ously in­vested in ma­chin­ery, man­power and in­fra­struc­ture,” said Di­nesh Par­wanda. He added that by ex­pand­ing op­er­a­tions with a new fac­tory at Prithla, Haryana, the or­gan­i­sa­tion plans to dou­ble its pro­duc­tion ca­pac­ity. The re­cently in­au­gu­rated fa­cil­ity comes with a state-of-art man­u­fac­tur­ing plant which is ex­pected to en­hance the ser­vice lev­els fur­ther.

The Pres­i­dent of Phoenix Con­tact In­dia Pvt. Ltd., added that the com­pany aims to mon­i­tor its per­for­mance and ser­vice lev­els with the back­ing of its strong sales team and distribution net­work, which en­sures the com­pany is present in all the nooks and cor­ners of the coun­try.

Frank Stuehren­berg said, “The year 2017 was spe­cial for Phoenix Con­tact In­dia Pvt. Ltd., which earned a turnover of over US$ 2.4 bil­lion (2 bil­lion eu­ros).” He was happy to share the fact that even af­ter at­tain­ing such great suc­cess, Phoenix Con­tact In­dia Pvt. Ltd. still re­tains its sta­tus as a fam­ily-owned and fi­nan­cially in­de­pen­dent com­pany.

Frank Stuehren­berg also un­der­lined the or­gan­i­sa­tion’s com­mit­ment to in­vest fur­ther in In­dian com­pa­nies, not only for the up­lift­ment of the grow­ing In­dian mar­ket but also for global re­quire­ments. The cel­e­bra­tions ended by thank­ing all those in­volved in the suc­cess story of Phoenix Con­tact In­dia Pvt. Ltd.

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