IndoSpace has entered a 50,000 sq ft warehousing deal with Lind Jensen Machinery (LJM).
The hydraulic cylinder manufacturer will set up its first factory in India at Oragadam II in Chennai.
It will produce hydraulic pitch, lock cylinders, and accumulators for the wind turbine industry. The project has received an investment of EUR two million so far.
The facility is anticipated to begin trial production by the end of July 2022. This is LJM’s second facility in Asia, with the first one being operational in China. In its initial phase, LJM will employee 40–50 workers at the Oragadam unit.
