Thursday, September 18, 2014

#nidaysindia : National Instruments is not planning for any manufacturing unit in #India right now; Alex Davern

 US headquartered Electric Test Equipment manufacturing company National Instruments Corporation is not planning to set up any manufacturing unit in India currently. The company has three manufacturing facilities across the globe; one in Texas in US, one in Malaysia and other one is in Hungary.

'We are not planning to put up any new manufacturing plant in India right now. We may consider it after 3-4 years,’ said Alex Davern COO & CFO and executive VP of National Instruments in Bangalore today, while interacting with the media on the sidelines of NIDays 2014 seminar.
Currently the company has a development center in Bangalore with 300 employees which is incidentally the second largest development center of NI outside US. The annual revenue of National Instruments in 2013-14 was around $1.2 billion.
Today it NI announced the launch of NI InsightCM Enterprise, a new software solution that helps companies gain insight into the health of their capital equipment for machine maintenance and operations.