Diversifying its manufacturing prowess further, the company has now also entered washing machine production at the same location in Ghiloth where the AC plant is located.
The washing machine plant was inaugurated by Amitabh Kant, Chief Executive Officer, NITI Aayog. Spread over 50 acre at Ghiloth, the greenfield unit will significantly strengthen Lloyd’s washing machine production capacity with a targeted output of thee lakh units annually.
With the enhanced manufacturing capacity, the company is poised to have approximately 20 models of washing machines and 50 SKUs of ACs in 2022, aiming to bolster its presence in the domestic consumer durables segment.
Currently manufacturing washing machines, the facility is equipped to expand to over five lakh units annually.
The manufacturing plant consists of best-in-class machinery from Japan, Korea and Italy and is equipped with cutting-edge technologically advanced 10 robotic machines and automated guided vehicle (AGVs) and a fully integrated material management system.
The plant also has management execution system (MES) from Dassault, France, which helps in real time monitoring of processes thereby improving productivity and reducing loss-time and wastage.