METL welcomes its first German company ‘BEUMER India’ to MET City
June 27, 2024
Gurugram: Model Economic Township Limited (METL), a 100 percent subsidiary of Reliance Industries Limited today announced that it welcomed its first German customer ‘BEUMER India’ to its integrated greenfield Smart City, MET City at Jhajjar, Haryana. With the arrival of BEUMER India in MET City, the MET City family has expanded to 570+ companies from 10 countries.
BEUMER India did their ground-breaking and stone laying ceremony at MET City for its new manufacturing plant today. “This ceremony is a testament of MET City’s steadfast commitment of creating best in class and sustainable infrastructure that is a beckon to multinational companies to set-up their manufacturing facility in the state of Haryana and India. BEUMER Group is continuing on its growth path and embracing the slogan of “Atmanirbhar Bharat” by commencing ground-breaking and stone laying ceremony of this new plant at MET City,” said an official press statement.
BEUMER Group is a global manufacturer of material handling solutions and plans to invest more than 2 billion Rupees in this new facility and providing employment opportunities for 750 people. Senior representatives from BEUMER Group and MET City took part in the groundbreaking and stone laying ceremony. With this new facility, BEUMER India has not only strengthened their global footprint but is also on the path of contributing to the local economy by supporting small businesses in and around MET City.
“MET City today has established itself as one of the largest Integrated greenfield Smart City of India, cutting across geographies and industries,” the official statement said.
MET City is already host to companies from wide ranging industries viz: defense, engineering, electronics, auto components, medical devices, FMCG, footwear, plastics, consumer products, and many others. MET City is one of India’s largest IGBC Platinum Rated Integrated Smart City and stands as the sole Japan Industrial Township (JIT) in Haryana, accommodating 6 Japanese companies from diverse industries ranging from electronics to auto-components to medical devices. MET City also hosts 6 companies from South Korea and multiple companies from Europe, with Beumer India as its new European addition, the company said.
BEUMER India envisages to complete the construction of this new facility by 2025 and plans to commission this facility by September 2025. Upon commissioning this new facility, BEUMER India will be adding a new chapter to its India business delivering new products and solution enriching lives and contributing to the local economy.
Mr. S.V. Goyal, CEO & WTD of MET City, said, “We are excited to welcome Beumer India to MET City family, marking a significant milestone in our journey of inviting and hosting multinational companies at MET City. India & Germany have a long-standing strategic relationship, which gets better each day through investments companies are making in each other’s country. Beumer India is a shining example of strong Indo-German ties and will not only strengthen our resolve for delivering best-in-class infrastructure but will also establish MET City as one of the largest Integrated Smart City open for business for the world. In the recently concluded financial year MET City achieved a remarkable growth of 60% Y-O-Y. MET City is a pioneering project with investment of INR 20,000+ crores already committed in by METL and Units there in and have provided employment to 48,000 people.”
Mr. Rudolf Hausladen, CEO, BEUMER Group, said, “This expansion reflects BEUMER Group’s strategic focus and commitment to long-term success in India. The new production site plays an important part in our global factory footprint, strengthening our position as a quality leader and partner of choice for our customers.”
Mr. Nitin Vyas, Cluster Asia CEO, BEUMER Group, said, “Our new production site at Reliance MET City offers a convenient ease of business and synergy in approaching infrastructure and facilities with a vision towards sustainable development. Setting up manufacturing unit in the context is truly ‘plug and play’, with Reliance staying true to its goal of developing a ‘Model Economic Township.”
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