COSMOS, a Vadodara based group, is one of India’s leading machine tool manufacturer with both Indian and imported products, with over 35 years of experience in the machine tool industry in India and 20 years of manufacturing experience. The company has started the Phase-I construction of its state-of-the-art technology park at Ranu village, in the Vadodara district of Gujarat.
Unleashing growth
The project will be completed in three phases. The company plans on operationalising it by 2022. Although the company will hire a large number of engineers and technicians for its tech-park, it would hire professionals in a phased manner. The technology park will have various plants producing key components to manufacture CNC Machine Tools. It will also have an R&D division, which will be the growth driver for its future business. In this, COSMOS has already tied up for the technology alliance with some of the top machine tool industry leaders in the world.
With this ambitious venture, COSMOS hopes to play a key role in the growth of the various industries in India such as automobile, infrastructure, power and steel, electronics, aerospace and medical implants.
Green initiatives
COSMOS is investing close to Rs 100 crore to set up this technology park which covers 15 acres of land area. Also, the company is dedicated to its efforts for social and environmental issues to enrich the quality of life of the community it serves. So, the tech-park will take a lead in green initiatives and will be surrounded by greenery all over the campus. The company also have plans to create a rainforest facility. COSMOS tech-park is aimed at improving the synergy among its various divisions and bringing a majority of its operations to a single campus.
Harmonising interactions
The cosmopolitan city Vadodara is the engineering capital of Gujarat. Nagesh Velaga, Director, COSMOS says “Technology parks will enable and harmonise interactions of our group companies and will help in developing new technologies. The tech park will also result in a lot of employment generation. The COSMOS Technology Park at Vadodara in Gujarat will be the hub of several key businesses of the COSMOS Group. The 15-acre Tech Park will offer single-point design, engineering and development solutions to the core sector industry.”
He further adds “COSMOS Technology Park will enable COSMOS to have all manufacturing process under one roof for best control of systems, quality and delivery as per our customer needs”.
