Heinrich Baumann – the fifth-generation member of the family that owns the Eberspaecher Group, Germany – joined the family firm in 2004. As the current COO and Managing Partner, Baumann reflects the family’s thought process which is deep-rooted in their inherited legacy and is driven by their zeal to succeed in all the geographies they are present in. The two-fold purpose of his visit can be described as: first, to inaugurate the new Bangalore plant for bus air-conditioning systems and the second, to visit the premises of Sharda Motors in Delhi. Sharda Motors are their joint venture partners in the exhaust business in India.
On this occasion, Baumann gave an overview of the Indian market and what it holds forth for their business prospects: “India has always been an important market for us. As the market leaders in products for higher emission levels like Euro 6 in the United States, and Europe, we are convinced that this is the right time to re-enter the Indian market with more ideas.” Baumann welcomed the fact that it will take the group a “bit more time” to reach full capacity of the new plant. “Our long-term perspective is good. I am happy that we have managed to establish this plant with the business that we have done in the last eight years. India is an interesting manufacturing base for exports for us to the Middle East, for example,” he said.
This story is from the October 2019 edition of MOTORINDIA.
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This story is from the October 2019 edition of MOTORINDIA.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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