Exatron Servers Manufacturing Pvt. Ltd, an organization focused on manufacturing best-in-class Servers & Storage products in India, announced that it is setting up a state-of-the-art manufacturing and assembly plant at the Industrial Park Electronic MFG Cluster – II, Tirupati, Chittoor District, Andhra Pradesh, India.
Exatron Servers Manufacturing Pvt. Ltd, an organization focused on manufacturing best-in-class Servers & Storage products in India, announced that it is setting up a state-of-the-art manufacturing and assembly plant at the Industrial Park Electronic MFG Cluster – II, Tirupati, Chittoor District, Andhra Pradesh, India. The facility spreading across more than two lakh square feet area, will be the assembling and manufacturing center for some of the High-end Servers and Storage Products.
The server market in India is poised to grow by 29% & 15% in the next 4 years in terms of value and volume respectively (Source – IDC APeJ Server market forecast). This explosive growth is believed to be the ripple effect of large-scale digital transformation initiatives at enterprise and government levels viz Smart cities, e-Governance, Digitization of citizen services (e-Pragati in AP) and more.
Exatron plans to invest INR 360 Crores over the next five years to scale the company’s operations in Tirupati and also has plans to expand its presence across the country. Exatron will commence construction of the facility by early March 2019 and it is expected that the manufacturing unit would be ready for commercial shipments within the next 9 months. This initiative is aligned with Make in India initiative and promises to create local employment opportunities for up to 900+ employees in the next five years.
Shri Nara Lokesh, Honorable IT Minister, Govt. of Andhra Pradesh, said, “We are happy to have Exatron set-up a full-scale facility of global standards, here in Tirupati. We share the common vision of being ready for tomorrow’s technology needs. This will take us a step closer to higher technology adoption at an enterprise and government level, in the state and in the country.”
Sharing his thoughts, Principal Secretary IT E&C Govt. of Andhra Pradesh, Shri K. Vijayanand said, “Exatron is going to be a great contribution towards ‘Make in India’ & “Made in Andhra Pradesh” being more successful. This industry is very promising and is going to contribute a lot to the locality, at an individual level and to the nation, at an enterprise level.”
Speaking on the occasion, Mr. Suryanarayanan B, CEO – Exatron said, “We are excited to announce this endeavor in order to meet the rapidly growing needs of the Data center and Cloud market in India. With the advent of lower mobile data costs and increasing awareness, there is a surge in demand for servers amongst the Indian enterprises. We would like to extend our sincere gratitude to the Government of Andhra Pradesh for supporting us in making this a reality.”
Ms. Debjani Ghosh, President – NASSCOM , said, “On this special occasion, I’d like to congratulate Exatron Servers Manufacturing Pvt. Ltd. Greenfield project in server manufacturing will contribute to the overall “Make in India” initiative. This will add to the overall technology development of the state and generate employment opportunities. All the very best for the road ahead.”
Mr. Anwar Shirpurwala, CEO – MAIT, said, “ I am very happy to learn that Exatron is setting up a new manufacturing plant in Tirupati for servers and storage products, thus fulfilling indigenous capability in India instead of just imports. As MAIT, our endeavour is to support and encourage new companies like Exatron to invest into the country by setting up greenfield projects. We will continue to support such companies that promotes the “Make in India” initiative.”
“Exatron has been using Intel server technology in their products and their plans to scale manufacturing servers highlights the immense potential the server market in India has, coupled with the vast talent pool available with strong capabilities in design and R&D. Intel congratulates them on the inauguration of their manufacturing facility and hopes that this will go a long way in further strengthening the local ecosystem,” said Prakash Mallya, Vice President and Managing Director, Sales ; Marketing Group, Intel India.
Press release by BusinessWireIndia