Cemtrex, Inc. to Setup A Manufacturing Plant for Instrumentation Products in India
January 20, 2017 at 08:30 am EST
Share
Cemtrex, Inc. announced that the company is planning to set up a instruments & electronics manufacturing facility in India in order to serve the growing demand for process instrumentation in Asia and other parts of the world. Cemtrex believes that with access to low cost manufacturing the company will be able to increase its market share, and maintain its competitive advantage as a low cost provider in the market. Cemtrex plans to establish this facility in the next 12 months. The company is also looking forward to taking advantage of the government incentives offered by the Make in India program which will offset some of the upfront costs for the company.
Cemtrex, Inc. is an advanced security technology and industrial services company. The Company's segments include Security and Industrial Services. The Security segment operates under the Vicon Industries brand, which provides end-to-end security solutions to corporate, industrial, and governmental security. Vicon's products include browser-based video monitoring systems and analytics-based recognition systems, cameras, servers, and access control systems for security and surveillance. Vicon provides mission-critical security and video surveillance solutions utilizing artificial intelligence (AI) based data algorithms. The Industrial Services segment operates under the brand, Advanced Industrial Services (AIS), that offers services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly to diversified customers. The Company also operates as a service contractor and steel fabricator that specializes in industrial and water treatment markets.
CEMTREX, INC. 
