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EFACEC Group is the largest electrical and electromechanical Portuguese group, founded way back in the year 1907, which is present in all the areas of power generation, transmission & distribution, control and automation.
EFACEC Group turnover for the financial year 2007-08 is approximately Rs 3600 Crores. EFACEC Group has manufacturing plants in Portugal, Argentina, Mozambique, Angola, China, Malaysia, India and United State of America.The group employs around 3000 persons with sales offices in all five continents and present in 65 countries around the globe.
The partner propose two activities-one which will address the growing Indian market for medium voltage switchgear and another which will exclusively supply components and assemblies to the global medium voltage subsidiaries of EFACEC Group.

In India, the JV will supply products which are used in power-plants and heavy industries. Secondary distribution products are used in distribution network and light industry and commercial real estate.

The total capital investment is expected to be approximately Rs.35 crores.The total numbers of employees around 250 persons. The area occupied by the JV operations will be approximately 4000sqm. to begin with and will be located in Greater Noida.
The operations are expected to have a sales turnover of around Rs.200 crores by the fourth year.

The Indian market for the primary and secondary medium voltage switchgear is approximately Rs. 1500 crores and is expected to grow at around 25% per annum.

 
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