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Controlar Announces Joint Venture with Indian Company Maxim Precision Technologies

By 28.08.2024September 9th, 2024Featured, News

Maxim PT, Maharastra, India and Controlar, Alfena, Portugal

This partnership unites the best of two worlds – European precision and innovation combined with deep insights into the unique needs of the Indian market.

For 30 years, Controlar has been at the forefront of technological innovation, providing advanced automation solutions across the globe. Today, we are thrilled to announce our expansion into India through our new joint venture, Maxim Precision Technologies – a Controlar JV Company.

Founded in 2014, Maxim PT is a certified manufacturer specializing in development and production of stencils, fixtures, and mechanical toolings, empowering the Indian electronics and automotive industries to thrive in a competitive global landscape.

The joint venture aims to combine Maxim PT’s technical expertise in Stencil Manufacturing Technology and Tooling & Fixtures with Controlar’s proficiency in Testing and Automation leveraging established synergies and business strengths.

Through this partnership, Controlar plans to expand its Testing and Automation services in India, offering advanced technology and proven products adapted to the evolving needs of the electronics and automation domain in India.

This strategic alliance will enable us to deliver solutions that are locally competitive in pricing, lead times and support, while maintaining the customization expectations of the local market.

Furthermore, the partnership will empower Controlar to support global clients with local subsidiaries through Maxim’s technical support and services.

The Maxim SMT Group will support this JV by incorporating our test and automation solutions to its distribution portfolio, building on Controlar’s established reputation and solution expertise.

Maxim PT will benefit from the support of Controlar’s highly qualified team, which will help enhance their ability to effectively meet the high expectations of the testing and automation industry over time.

A New Competence Center in India

Our goal is to gradually position Maxim PT as a development and production center for Controlar in India, optimizing the supply of machines that complement their portfolio and strengthening our negotiating power with customers. This joint venture aligns with Controlar's strategy of always being close to our customers and at the same time expanding our operations in strong and competitive markets. Such alliance will enable access to new customers in the Indian market, improving the visibility and position of both companies, as well as their efficiency and competitiveness.

Fernando LeiteControlar's Global Manager

We are extremely happy to join hands with Controlar, a high-quality & performance European partner in the field of automation and test system solutions. Maxim PT’s unique strength of market knowledge, customer connect, local competitive manufacturing strength provides the appropriate synergy for the unification of both companies. This unification of resources and strengths also provides a unique expansion of product portfolio and international support. We believe this JV will be a success and we are extremely motivated for the journey we will undertake together.

Alok BathlaDirector at Maxim PT

About Maxim PT Technologies Pvt Ltd.

For over ten years, Maxim PT specializes in manufacturing Process Support Products, including toolings and stencils, for various applications in the Electronics and Automotive sectors.

The company is integrated into Maxim SMT, which offers comprehensive sales and service support for SMT line solutions across India. Maxim SMT is headquartered in Manesar, Gurgaon (NCR region), with branches in Noida, Mumbai, Pune, Bengaluru, and Chennai.