NCR moves to a new world-class manufacturing facilityin
India to target strategic growth opportunities
CHENNAI, India, July, 2014: In keeping with the company’s plans to execute its
future growth strategy in the country, NCR Corporation (NYSE: NCR), the global leader in
consumer transaction technologies, announced today that it will be moving to a new state-
of-the-art manufacturing facility at Mahindra World City, in Chengalpet, close to Chennai, by
the end of 2014.
The new facility, which is more than double the sizeof the company’s existing facility in
Puducherry, is built over an117,000 square-foot area,and is under a new single roof design
structure thatwill allow NCR to improveoperational efficiency.
This facilityis strategically located and is in close proximityto suppliers, customers as
well as robust transportation like ports and airports that will helpto improve operational
efficiency and enable faster delivery of innovative products to the market.NCR will continue
to manufacture financial solutions such as ATMs, whilealso expanding to manufacture
innovative consumer transaction technologies for the retail and hospitality industries.
“Owing to the enormous talent pool in India, its strategic location and the additional
capacity of this new state-of-the-art facility, NCR will be in a great position to introduce
innovative omni-channel technologies to give today’s time-compressed consumers the
freedom to determine not just what services they wish to consume, but exactly how they
wish to consume them,” said, Robert Visintainer, vice president, NCR Global Manufacturing.
India is a growing economy with over 65 per cent of the population under the age of 35.
The country’s young workforce is well travelled, better educated;with high disposable
income and has a voracious appetite for technology. Thisis driving India to become the
world’s fifth largest consumer market by 2025.1
“NCR has been a leader in the ATM manufacturing and services space in the country for
over 17 years now. It is an exciting time for NCR in India as we move to a new state-of-the-
art facility that allows us to expand our business further to new growth industries like retail
and hospitality,” said Jaivinder Gill, regional vice president, India and South East Asia, for
NCR financial business. “The youth population in India is among the fastest in Asia today to
embrace digital technology to express themselves and connect with other communities. This
new facility gives us the flexibility to customize our next-generation consumer transaction
technologies to meet the demands of the savvy Indian consumers.”
The new facility is expected to participate in lean manufacturing practices and comply with
NCR global standards related to Environmental, Health and Safety (EHS), and quality. In
addition, the facility is expected to participate in IGBC (LEED) Silver certification for building
sustainability and Tier 1 certification on Resilient IT Infrastructure.
About NCR Corporation
NCR Corporation (NYSE: NCR) is the global leader in consumer transaction technologies,
turning everyday interactions with businesses into exceptional experiences. With its
software, hardware, and portfolio of services, NCR enables more than 485 million
transactions daily across retail, financial, travel, hospitality, telecom and technology, and
small business. NCR solutions run the everyday transactions that make your life easier.
NCR is headquartered in Duluth, Georgia with approximately 29,000 employees and does
business in 180 countries. NCR is a trademark of NCR Corporation in the United States and
other countries. The company encourages investors to visit its web site which is updated
regularly with financial and other important information about NCR.
Web sites: www.ncr.com, www.ncrsilver.com
Twitter: @NCRCorporation
Facebook: NCR Corp.
LinkedIn: NCR Corporation
YouTube: www.youtube.com/user/ncrcorporation
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Notes
(1) According to a report by McKinsey Global Institute (MGI) titled The Bird of Gold: The Rise of
India's Consumer Market