ITT Opens Technology Center in India, its First in the Region
10 Décembre 2007 - 4:00PM
PR Newswire (US)
VADODARA, India, Dec. 10 /PRNewswire/ -- ITT Corporation has
announced the opening of the ITT Technology Center in India, the
company's first major facility to be located in that country. The
center will provide engineering and product development services to
help drive emerging market growth for ITT's commercial businesses
-- including Fluid Technology and Motion & Flow Control. The
center is located in Vadodara, in the state of Gujarat on India's
western coastline, and will develop deep engineering competencies
in several core water and other fluid transport technology areas.
The Vadodara center will focus on localizing ITT's portfolio of
products to meet the region's unique needs, while also assisting
ITT's global new product development teams to achieve their growth
goals in emerging markets. "The new India Technology Center is a
centerpiece of ITT's emerging markets strategy," said Brenda
Reichelderfer, chief technology officer of ITT. "In India, we can
take advantage of a large pool of experienced engineers to create a
product design resource focused on meeting the needs of local
customers, while adding unique skills and depth to ITT's global
engineering capability." Reichelderfer added that, with the opening
of the India technology center and including ITT's engineering
services partnerships, approximately eight percent of the company's
product development engineers are employed in Asia to serve current
customers in emerging markets, including China, India and the
Middle East. She expects that number will rise generally in-line
with the growth opportunities in these markets. Earlier this year,
ITT named Pradip Bhattacharyya to be the director of the India
Technology Center. Bhattacharyya is a veteran of Larsen &
Toubro Ltd., India's largest engineering and construction company,
and Voith, a multi-national engineering company headquartered in
Germany. He brings more than 20 years of local market experience to
ITT. By the end of 2007, ITT also expects to complete construction
of a manufacturing and assembly plant in the Gujarat region. The
facility will primarily manufacture products for ITT's fluid
technology business. About ITT Corporation ITT Corporation
(http://www.itt.com/) supplies advanced technology products and
services in several growth markets. ITT is a global leader in water
and fluid transport, treatment and control technology. The company
plays a vital role in international security with communications
and electronics products; space surveillance and intelligence
systems; and advanced engineering and services. It also serves a
number of growing markets-including marine, transportation and
aerospace-with a wide range of motion and flow control
technologies. Headquartered in White Plains, N.Y., the company
employs approximately 35,000 people and generated $7.8 billion in
2006 sales. DATASOURCE: ITT Corporation CONTACT: Andy Hilton of ITT
Corporation, +1-914-641-2160, Web site: http://www.itt.com/
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