Nadi Airtechnics' ₹15 Crore Expansion into Hydrogen and Carbon Capture Markets
Key Ideas
- Nadi Airtechnics invests ₹15 crore to expand production capacity and enters the hydrogen and carbon capture markets, diversifying its operations.
- The company's manufacturing facility near Chennai has been expanded by 40%, enabling increased production capacity from 450 to 600-650 fans per month.
- A new assembly line called 'Pink Bay' will be operated by specially trained women, with the workforce expected to grow from 210 to 300 employees.
- Nadi Airtechnics has become the sole approved supplier in India for post-accident hydrogen removal fans for nuclear power plants, with plans for further growth and revenue targets.
Nadi Airtechnics Pvt Ltd, a prominent industrial fan manufacturer based in Chennai, has announced a substantial ₹15 crore investment to improve its production capabilities. The company is expanding its manufacturing facility by 40%, increasing its total space to 140,000 square feet, aiming to enhance production capacity significantly.
The investment includes the launch of a new assembly line named 'Pink Bay,' which will be operated by specially trained women, marking a step towards gender diversity in the traditionally male-dominated sector. Additionally, 300 kilowatts of rooftop solar power will be installed to meet 50% of the company's energy needs, with plans for complete energy self-sufficiency in the future.
Nadi Airtechnics is not only focusing on traditional industries like railways, automotive, and cement but is also venturing into emerging sectors like carbon capture and hydrogen technologies. The company has already supplied fans for hydrogen applications and is the sole approved supplier in India for post-accident hydrogen removal fans for nuclear power plants.
Overall, with plans for further workforce expansion, revenue targets, and a strong foothold in critical industries, Nadi Airtechnics is poised for continued growth and success in the coming years.
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Renewable Energy
Sustainability
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Solar Power
Nuclear Power
Women Empowerment
Workforce Expansion
Industrial Fans
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