PARI bags prestigious Order from Chrysler
PARI - the leading Robotics & Automation solutions providers for manufacturing industry, have bagged another prestigious turn-key automated manufacturing line for assembly of Axles for their latest US project - the Marysville Axle Plant. With this order, PARI has expanded its US key customers base with acquisition of the Chrysler account, in addition to their existing customers like Caterpillar, American Axle, Fanuc, Tranter, Emerson, Eaton, Honeywell, Dow Corning.
Tweet-- PARI – the leading Robotics & Automation solutions providers for manufacturing industry, have bagged another prestigious turn-key automated manufacturing line for assembly of Axles for their latest US project – the Marysville Axle Plant.
With this order, PARI has expanded its US key customers base with acquisition of the Chrysler account, in addition to their existing customers like Caterpillar, American Axle, Fanuc, Tranter, Emerson, Eaton, Honeywell, Dow Corning. PARI has established itself in the US market with its ability to deliver high-end technology solution in US, cost effectively, through its engineering and manufacturing infrastructure in India said , Mr. Ranjit Date , Jt. MD of PARI.
The project involves fully automated manufacturing process with robotic technologies requiring various assemblies, fastening, sealing, testing & handling operations in the final assembly process of the Axles that will go in a variety of Chrysler vehicles like Dodge Dakota, Ram, Nitro Jeep Liberty sold in the US. The order value is over Rs. 15 cr.
The entire system will be designed, built & tested in India at PARIs newly functional Automation City facility, and then deployed in the US plant through PARIs US subsidiary, PARI, Inc. – based in Detroit.
While PARI Inc. – US Subsidiary will cover the functions of Customer Interface, Requirement Capture , Change Management and Deployment at Plant PARI Limited will cover the functions of Project Engineering , Equipment Design, Manufacturing and Process & Performance Proving, the Project will be Delivered in March 2009, Dr Date added
This project emphasizes the success of an innovative business model deployed by PARI
4 years ago, where a complete project performance responsibility is taken by the PARI Inc., and executed through a synergetic combination of a few key US resources, and the large engineering, manufacturing & project execution base of PARI in India.
This business model has enabled PARI to move up the value ladder, rather than the conventional outsourcing model for engineering & IT services.
The present reorganization faced by US Automotive industry to reinvent their small and fuel efficient car platforms, and to do so with much lower capital costs in order to remain financially viable despite the low margins in this segment, represents a major opportunity for PARIs business model. This year, PARI has accelerated its growth of both the Indian facilities, as well as US resources through planned acquisitions in US.
He also added that PARI would be increasing US Facility Investment and also increasing US Team Size, apart from looking at acquiring an US company in 2008-2009.
Currently PARI has over 25 Fortune 500 Companies and Over 300 major manufacturing companies as its esteemed clients and also enjoys the preferred Automation Supplier Status with Caterpillar