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voestalpine Böhler Welding Strengthens India Presence with €3 Million Investment

Synopsis: voestalpine Böhler Welding has been increasing its presence in India with an investment of around EUR 3 million over the past few years. The company, which specializes in welding technology, aims to expand local value creation and introduce new products, such as solid wire production, in line with India's "Make-in-India" initiative.
Friday, January 31, 2025
VOESTALPINE
Source : ContentFactory

voestalpine Böhler Welding’s Strategic Expansion in India: A Focus on Local Value Creation

voestalpine Böhler Welding, a leading global player in the field of welding technology, has significantly strengthened its operations in India. With a strategic focus on increasing local value creation, the company has invested approximately EUR 3 million in its Indian operations over the past several years. The investments primarily target expanding production capabilities and enhancing local services, with the long-term goal of increasing the “Make-in-India” share of its product portfolio.

As a key player in the Metal Engineering Division of voestalpine AG, voestalpine Böhler Welding sets industry standards for both standard and special welding processes. The company is renowned for its comprehensive range of welding solutions, including consumables, equipment, accessories, and services. This diversified offering has positioned voestalpine Böhler Welding as a major provider of innovative and high-quality welding solutions globally.

India as a Strategic Growth Market

India continues to be a key growth market for voestalpine Böhler Welding, and the company’s commitment to the country is reflected in its expansion efforts. In the 2023/24 business year, the company employed around 250 people across its three locations in Bhiwadi, Thane/Mumbai, and Delhi. Over the last five years, it has invested more than EUR 3 million to enhance its production of welding consumables and bolster its application technology. This investment enables the company to deliver more comprehensive local services to customers.

Franz Kainersdorfer, Member of the Management Board of voestalpine AG and Head of the Metal Engineering Division, emphasized India’s importance as a growth market, stating, “With the voestalpine Böhler Welding Group’s complete welding solutions, we already play a leading role for our local customers and are continuing our ‘local for local’ strategy with the expansion of our sites.”

Serving Key Industries in India

voestalpine Böhler Welding’s products are integral to numerous industries across India. The company serves key sectors including:

• Energy Industry: Primarily in the thermal power sector.

• Construction: Involving crane and lifting technology as well as bridge construction.

• Chemical Processing: Such as the welding of pressure vessels and pipes.

• Cement Industry: Providing welding solutions to support cement manufacturing.

• Steel Plants: Offering critical services and technology for steel production.

• Transportation: Particularly wagon construction for the railway sector.

Welding Expertise and Safety Standards

With over 100 years of experience, voestalpine Böhler Welding has played a significant role in the development of modern welding technology. As a full-service welding provider, the company guarantees customers perfect weld seams, while prioritizing the safety and health of welders. Its high-quality protective equipment, such as helmets with integrated fresh air systems, is designed to ensure welder safety during operations.

Global Reach and Financial Performance

voestalpine Böhler Welding operates in 34 locations across 22 countries worldwide, and it generated approximately EUR 800 million in revenue in the 2023/2024 business year. The company employs about 2,600 people globally, reinforcing its position as a global leader in welding solutions.

A major milestone for the company came with its acquisition of a majority stake in ITALFIL S.p.A., a premium welding wire manufacturer. This acquisition has expanded its product portfolio, particularly in the high-quality, automated welding technology sector, reinforcing its focus on advancing welding processes.

voestalpine’s Broader Presence in India

In the broader context of the voestalpine Group, the company has a strong presence in India with 12 locations across the country. During the 2023/24 business year, the Group generated EUR 184 million in revenue in India, with approximately 900 employees (full-time equivalents) contributing to its operations.