Jenoptik is now directly present in the growth market of India

Jena, (PresseBox) - Jenoptik establishes a joint venture in India and thus lays the foundation for a direct market and customer access in one of the most important growth markets worldwide. The Industrial Metrology division combines all sales activities in India under the roof of the new joint venture. Other divisions of Jenoptik are to follow.

The Jenoptik Group has laid a qualitatively new foundation for its presence in India. A joint venture in which Jenoptik has a majority stake has been established in conjunction with Francis Klein, the leading Indian company and longstanding distribution partner of the Etamic Group, acquired in the year 2006. The registered offices of HOMMEL-ETAMIC Metrology India Pvt. Ltd. are in Bangalore. Within the Jenoptik Group the Industrial Metrology division is paving the way for the development of the Indian market. Other divisions are to follow, if appropriate.

The industrial metrology joint venture will initially specialize on the product portfolio of the Industrial Metrology division which is focused primarily on the global automotive industry. It will begin operating as a sales company with five employees, over the years it will be further expanded and local added value assimilated. Alongside China, India is one of the world's fastest growing nations. In addition to its own growing automotive industry numerous leading automobile manufacturers and suppliers have established production sites in India over recent years. By so doing they intend to provide a targeted service to the expanding market and growing middle class in India and are investing in state-of-the-art production systems and production lines. With its direct local presence Jenoptik is demonstrating its closeness to the customer and through this newly expanded distribution and after-sales network will be able to respond more flexibly and more quickly to the growing needs of the market.

The direct access to the market which this provides is the result of the amalgamation between Hommelwerke and the Etamic Group, acquired in 2006, leading to the creation of a leading industrial metrology provider which is represented worldwide. Both companies have now had a presence in the Indian market for more than 20 years, with the Etamic Group having been represented from the outset by Francis Klein. Francis Klein, formed in 1928 in Calcutta, has been building an excellent reputation for itself since 1950, primarily as a distribution partner for European and Japanese companies in the field of mechanical and system engineering. Francis Klein & Company possesses years of experience and excellent technical know-how and, in addition to its registered offices in Bangalore, is represented in Chennai, Delhi, Hyderabad, Calcutta, Mumbai and Poona.

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