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Salzer Electronics to Set up Smart Meter Manufacturing Facility in Tamil Nadu

Salzer Electronics Ltd. will be establishing a smart meter manufacturing facility in Coimbatore, Tamil Nadu. This information was shared by the company in its press release dated 22nd February 2024.

This new facility, expected to be operational in the first quarter of FY25, will initially have a production capacity of 4 million smart energy meters per year. Production capacity is expected to be scaled up to 10 million meters annually in phase 2 of development. Salzer’s facility is projected to create approximately 1,000 employment opportunities at full capacity. The company will procure electrical components for smart meters from its existing facilities at Coimbatore. This provides various backward integration advantages to Salzer such as supply chain management, product quality assurance and cost control.

Commenting on this development, Mr. Rajesh Doraiswamy, Joint Managing Director of Salzer Electronics Ltd. said, “ We take pride in saying that Salzer will be contributing its part to the creation of a smart interconnected energy grid in India. We have already received BIS certification for our Single Phase Smart Energy meter”.