Engel Group strengthens Indian market presence through strategic partnership with Electronica Plastic Machines
The Engel Group, a leading supplier of injection moulding technology from Europe, has entered a strategic partnership with Electronica Plastic Machines (EPM), a renowned Indian manufacturer of hydraulic injection moulding machines. By acquiring a stake in EPM, the company becomes part of the Engel Group, creating opportunities for closer cooperation in the Indian market. EPM, a second-generation family business based in Pune, has been recognized for its expertise in the Indian plastics machinery industry for over 30 years. Engel and EPM share a common mindset, that emphasises family ownership, sustainable business practices, and a people-first approach. This alignment provides a strong foundation for the partnership.
Driving local production and innovation
The collaboration focuses on strengthening local production and innovation, particularly through the “Make in India” initiative. EPM’s manufacturing facility in Pune will serve as a hub for the production of advanced injection moulding machines tailored to the specific needs of the Indian market. In addition, the partnership opens opportunities to export Indian-manufactured machines to regions such as the Middle East and Africa.
Customer benefits: advanced technology and localised service
The collaboration promises Engel customers better access to advanced technology, locally manufactured machines designed to meet market-specific requirements and improved after-sales service and support. By combining Engel’s global expertise with EPM’s strong local presence, customers will benefit from reduced lead times, competitive pricing, and an expanded product portfolio.
Continuity and growth
Aditya Ratnaparkhi, Managing Director of EPM, will continue to lead the company as Managing Director, ensuring continuity and stability. The Engel Group will provide access to its global network and technical expertise, while maintaining EPM’s independence and strong reputation in the market. “Our goal is to support EPM’s growth while preserving its strong identity,” said Dr Stefan Engleder, CEO of the Engel Group. “We are united by shared values and a commitment to sustainable and long-term success.” Aditya Ratnaparkhi echoed these sentiments: “This partnership allows us to leverage Engel’s strengths while continuing to build on EPM’s legacy.”
This cooperation represents a significant step in Engel’s strategy to strengthen its regional presence and develop tailored solutions for local markets. With a shared vision and complementary strengths, Engel and EPM are well-positioned for sustainable growth and innovation.
Caption: The EPM and Engel management team (fourth from right: Aditya Ratnaparkhi, Managing Director EPM; fourth from left: Stefan Engleder, CEO Engel Group)
