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VITRONIC Expands PV Business in IndiaStrategic sales partnership with IMC, Mumbai
Wiesbaden, May 23, 2018 – VITRONIC, a global leader in industrial machine vision, will expand its presence in the Indian photovoltaics market. At the start of 2018, the German SME with headquarters in Wiesbaden formed a strategic sales partnership with the Indian company IMC. This new partnership will strengthen VITRONIC's presence in Asia. Together the two companies will focus on marketing fully automatic optical inspection solutions for the entire spectrum of photovoltaics production. India has seen dynamic growth in recent years representing the third largest market for system installations in the world.
IMC was founded in 1975 with headquarters in Mumbai, along with other locations in Delhi, Bengaluru and Pune. The company is well established in the market with 25 years of experience in the photovoltaics industry and has a broad customer base that includes all world-leading photovoltaics manufacturers. IMC offers high-tech solutions for the entire photovoltaics value chain and a comprehensive service portfolio that offers consultation, process integration, data management and training.
Prashant Shah, Executive Director at IMC comments, “Our long-standing experience in the photovoltaics industry and VITRONIC's machine vision technology are a perfect fit. This partnership allows us to expand our portfolio and provide our customers with highly-efficient system solutions so they can optimize their production processes and increase their output.”
Richard Moreth, Head of PV Sales, VITRONIC, is looking forward to the partnership. “The Indian photovoltaics market has enormous potential. Our inspection systems are already being used by large manufacturers in numerous growth markets. With IMC, we now have an experienced partner with excellent contacts in the Indian market. We are looking forward to a strong partnership,” says Moreth.
Picture caption: Prashant Shah, IMC; Richard Moreth, Vitronic (from left to right)
VITRONIC is a world leader in industrial machine vision. The owner-managed group of companies develops innovative products and customized solutions in the growth industries of industrial automation, logistics automation and traffic technology.
With more than 30 years of experience VITRONIC offers a unique portfolio of systems and software, covering image- and sensor-based quality inspection, identification, traffic enforcement as well as tolling. Our customer base includes renowned brands such as BMW, Daimler, DHL, UPS, IBM, Toll Collect, Fresenius and Sanofi as well as public authorities and ministries.
VITRONIC inspection systems significantly contribute to improving quality and efficiency in industrial production. In logistics centers and cargo airports worldwide, VITRONIC's auto ID solutions provide complete process control and transparency in the identification and processing of shipments. In the traffic technology sector, VITRONIC offers high-performance technologies to ensure increased road safety and improve traffic flow.
Since its founding in 1984, VITRONIC has grown continuously and is currently represented by about 1000 employees on four continents. VITRONIC offers support to international customers through its subsidiaries in North America, Europe, Asia and Australia, as well as through a global network of sales and service partners. VITRONIC systems are developed and manufactured at the company's headquarters in Wiesbaden. In 2016, the VITRONIC group generated total revenue of 148 million euros.
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