DEPRAG India Targets €5 Million Business Within Three Years

DEPRAG Establishes Direct Indian Operations

Germany-based industrial assembly technology company DEPRAG SCHULZ has created DEPRAG India Pvt. Ltd., giving DEPRAG India expansion a direct operating structure after more than two decades of activity through Leaptech Corporation. The new subsidiary will focus on industrial screwdriving and fastening systems, component-feeding equipment, assembly automation, and machines engineered for specific production lines. Its portfolio also includes air motors, pneumatic tools, and industrial assembly software. The company said the new structure is designed to move engineering, application development, and customer support closer to Indian manufacturers while establishing local assembly capabilities for selected systems.

Investment And Revenue Targets

The company plans to invest Rs 8-10 crore in India and begin assembling selected systems locally within four to six months. Over a five-year period, the Indian operation is targeting double-digit million Euro revenue, supported by an annual growth target of 25 percent. DEPRAG also aims to build a €5 million business within three years. The planned investment will support engineering services, selected local assembly, and development of an Indian team as the subsidiary moves from a long-standing partnership model toward a direct local presence.

Initial Product And Customer Focus

The subsidiary will initially serve requirements spanning industrial screwdriving and fastening, component feeding, assembly automation, and production-line-specific machinery. Existing installations and customers in India include businesses in automotive, electronics, and electric mobility, among other sectors. The company said its technologies are intended for applications where accurate fastening, repeatable quality, and production records are important. By adding local engineering and application capabilities, the Indian operation is expected to work more closely with manufacturers on machine requirements, factory layouts, production volumes, and product-specific adaptations.

Direct Presence Builds On Existing Partnership

DEPRAG CEO Dr Erik Hallmann said the company decided to establish a direct presence because the Indian market has reached a scale that supports local operations. The subsidiary's development plan combines commercial expansion with engineering support, selected domestic assembly, and team building. This structure is intended to strengthen the company's ability to support manufacturers in the market while broadening the range of systems that can be developed and supported locally. The initiative also builds on the more than two-decade relationship between DEPRAG and Leaptech Corporation in India.

Manufacturing Demand Supports Local Expansion

India's manufacturing expansion, including the Make in India program and Production Linked Incentive schemes, is identified by the company as a factor increasing demand for assembly systems. DEPRAG said manufacturers are seeking repeatable production processes and greater ability to track critical manufacturing steps. These requirements align with the company's screwdriving, fastening, feeding, automation, and software offerings. The new local structure is therefore positioned around engineering responsiveness and production-system adaptation, rather than only supplying equipment from an overseas operation.

Local Assembly And Engineering Plans

V.P. Sreejeev, Director of the Indian subsidiary, said the local operation is intended to provide faster engineering support and enable machines to be adapted to individual products, factory layouts, and production volumes. Local assembly is expected to shorten delivery times for selected systems and facilitate greater customization for Indian customers. During the first four to six months, the company plans to develop its local team, strengthen engineering support, and identify systems suitable for domestic assembly. These steps form the initial phase of the subsidiary's operating model.

Company History And Indian Operations

The company's history extends to 1801, while it has operated as a family-owned business since 1931. Its technologies are used in manufacturing applications that require precise fastening, consistent production quality, and production records. In India, the new subsidiary is intended to expand the company's work with domestic manufacturers by adding local engineering and assembly capabilities. The move changes the operating structure without discarding the existing market foundation, because it builds on customer relationships and installations developed through more than two decades of activity with Leaptech Corporation.

Industry Impact & Outlook

The establishment of a direct Indian subsidiary could affect how manufacturers access engineering, customization, delivery, and application support for industrial assembly systems, particularly in automotive, electronics, and electric mobility. Local assembly may also allow selected equipment to be configured closer to customer requirements and delivered on shorter timelines, while the planned engineering team creates a local base for further development. The immediate next steps are the formation of the Indian team, identification of systems for domestic assembly, and execution of the four-to-six-month initial plan, with the broader commercial target tied to the company's five-year expansion strategy.

Frequently Asked Questions

What will the new Indian subsidiary focus on?
The new Indian subsidiary will bring engineering, selected assembly, and customer support closer to manufacturers for domestic production needs. The operation initially will focus on industrial screwdriving and fastening systems, component-feeding equipment, assembly automation, and production-line-specific machines, alongside air motors, pneumatic tools, and assembly software. The company plans to invest Rs 8-10 crore and start selected local assembly within four to six months. It is also targeting a €5 million business within three years as its direct presence develops.