Electronics Bazaar

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.

- 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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