Adept Fluidyne Private Limited

Enabling the delivery of Yokogawa technology with local productionYokogawa Electric Corporation TOKYO 6841 announces that it has finalized an agreement to acquire Adept Fluidyne Pvt Ltd Adept one of the largest domestic manufacturers of magnetic flowmeters in India The purchase process is expected to be completed by the end of March 2024 This acquisition will provide Yokogawa with an Indian manufacturing base for its lineup of high performance magnetic flowmeters and give the company access to Adepts product lineup enabling more timely delivery of a broad portfolio of flowmeter products for the burgeoning India marketFlowmeters are an essential industrial instrument that can measure the flow rates and with some products the density and temperature of liquids gases and steam Various measurement technologies are available depending on the purpose of measurement the type and condition of the fluid or gas and the measurement conditions With the rapid expansion of Indias industrial sector under the Government of Indias Make in India initiative demand for flowmeters continues to growEstablished in 1983 Adept has been manufacturing magnetic flowmeters for over 30 years and introduced ultrasonic flowmeters to its lineup in 2010 The company has supplied over 70000 flowmeters to the water wastewater and other industry sectors and also provides IoT gateways smart water meters and flowmeter calibration services In recent years the company has expanded its sales network across India and has won major public and private sector orders across the country It also exports to customers in more than 25 countriesMoving forward Yokogawa is intending to enhance Adepts manufacturing capabilities and certified flow calibration facilities in Pune to enable local production of its lineup of magnetic flowmeters in line with its global quality standards Yokogawa will also continue to provide Adepts range of flowmeters through the sales networks of both companiesYokogawa established a local subsidiary in India in 1987 and since then has been delivering control systems and field instruments for plants in the energy industry as well as remote monitoring for water supply and wastewater networks as part of Indias National Hydrology Project and control systems for water treatment facilities Yokogawa also has systems engineering teams and an RD center in India that support its global operationsVinayak Gadre Managing Director of Adept said Today marks a pivotal moment in our companys history as we announce our acquisition by Yokogawa a leading Japanese multinational Together we embark on a journey of innovation and growth combining the best of Indian expertise with Japanese ingenuity Hiroshi Tanoguchi Yokogawa Electric Vice President and head of the Yokogawa Products Headquarters commented India is one of our most strategically important markets and we look forward to sharing our manufacturing knowhow with the Adept team in order to provide madein India Yokogawa flowmeters as soon as possible With Adept becoming part of the Yokogawa Group we will provide a full range of general use and specialized flowmeters to the water energy chemical and many other sectorsA nationwide project aimed at optimizing the supply of water resources within India and enhancing the capacity of management institutions It is intended to improve the decisionmaking support systems related to assessment and planning on the scope quality and access to water resources and the management of flooding and catchment areasAbout YokogawaYokogawa provides advanced solutions in the areas of measurement control and information to customers across a broad range of industries including energy chemicals materials pharmaceuticals and food Yokogawa addresses customer issues regarding the optimization of production assets and the supply chain with the effective application of digital technologies enabling the transition to autonomous operations Founded in Tokyo in 1915 Yokogawa continues to work toward a sustainable society through its 17000 employees in a global network of 129 companies spanning 60 countriesIf you have any objection to this press release content kindly contact prerrorrectificationgmailcom to notify us We will respond and rectify the situation in the next 24 hoursDisclaimer This post has been autopublished from an agency feed without any modifications to the text and has not been reviewed by an editor.

Lokmat News 04 Mar 2024