Yokogawa India's Strategic Acquisition: A New Era for Flowmeter Technology

Yokogawa India Limited, a subsidiary of Yokogawa Electric Corporation, has acquired Adept Fluidyne Pvt. Ltd., a major Indian manufacturer of magnetic flowmeters. This move aims to enhance Adept's manufacturing capabilities and align with the 'Make in India' initiative, fostering innovation and growth in India's industrial sector.

PTI | New Delhi | Updated: 03-06-2024 12:38 IST | Created: 03-06-2024 12:38 IST
Yokogawa India's Strategic Acquisition: A New Era for Flowmeter Technology
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In a significant development, Yokogawa India Limited, a subsidiary of Japan's Yokogawa Electric Corporation, has announced the complete acquisition of Adept Fluidyne Pvt. Ltd., one of India's leading manufacturers of magnetic flowmeters. This acquisition aims to bolster India's manufacturing landscape under the 'Make in India' initiative.

Sajiv Nath, Vice President of Yokogawa Electric-Japan, emphasized the strategic importance of this acquisition, stating, "We are committed to the Indian market as we firmly believe in 'Make in India'. Combining Indian expertise with Japanese ingenuity, we look forward to driving sustainable growth and innovation."

Established in 1983, Adept Fluidyne has a robust track record in manufacturing flowmeters and will continue to supply them through both Yokogawa and its sales networks. Adept's Managing Director, Vinayak Gadre, expressed optimism about the synergies that this partnership will bring to the industry.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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