Ajax Fiori has invested Rs. 15 crores in this 4,000 sq.m plant that will primarily produce the ‘Self Loading Mobile Concrete Mixers' while the existing adjacent plant will produce Batching plants and Planetary Mixers. The new plant has an installed capacity of 1000 machines per annum. The salient feature of the plant is that it has a mechanized conveyor line which reduces all the handlings during shot blasting and painting, thereby increasing productivity and efficiency. Speaking on the occasion, Mr. K Vijay, Managing Director of Ajax Fiori, said "Our new automated plant signifies Ajax Fiori's strategic thrust towards delivering cost effective products and solutions that answers customer's needs."
Ajax Fiori, based in Bangalore, India, is one of India's leading manufacturers of construction equipment, providing innovative and cost-effective solutions for the concrete sector. It was established in 1993 as a joint venture company with Fiori S.p.A Italy, for manufacture of Self Loading Mobile Concrete Mixers. In 1998, Ajax Fiori started manufacturing Radius Lift Arm Concrete Batching Plants. These plants with its unique design of loading aggregates and low power cost, are the perfect choice for contractors. In addition, Ajax Fiori also offers a comprehensive range of Batching Plants with planetary pan mixers and twin shaft mixers. The planetary pan mixers are indigenously manufactured under technical collaboration with Eurostar Concrete Technology S.p.A, Italy. In 2009, Ajax Fiori partnered with Turbosol Produzione S.p.A, Italy, for distributing their range of mortar & plaster spraying machines, to increase thrust on building mechanization.
Ajax Fiori caters to the market segments of infrastructure, general construction and real estate, and has around 1000 satisfied customers throughout India, mainly construction companies, contractors and developers. It has pioneered the innovative product concept of "Self Loading Mobile Concrete Mixer' in India which has revolutionized the concreting methods at various infrastructure project sites – be it irrigation, canal linings, concrete roads, bridges, culverts, buildings, windmill & transmission line foundation, etc. "Having foreseen the product's suitability across various applications and the increased demand across geographies, we immediately decided to open a new plant and ramp our production" said Mr. Vijay.
Ajax Fiori's growth has recorded healthy double digit growth over the past couple of years. With the current order booking position, it anticipates sales revenue of Rs. 150 crores during the current fiscal, a growth of 50% over last year. With additional production capacities, it expects around 30 – 35% growth over the next couple of years.