Terex Corporation

Terex Corporation

Initiating the discussion, Mr. Steve Filipov, President - Developing Markets and Strategic Accounts of Terex Corporation, said that overseas construction equipment players are indeed euphoric about the promising potential of their products and services in India. The country has various advantages - cost effective in terms of manufa- cturing as it offers to be the most convenient place to export products and services to South Asian, Middle Eastern & African markets and a talent pool that is highly competitive. In reality, Terex Corporation is more euphoric than the rest. We currently have a strong presence in India in certain product lines and would like to further strengthen it in the coming future, he said.

Talking about the Terex expansion plans, he said that they have put in place a number of expansion routes focusing on introduction of new products and services that reflect their cutting edge technology attributes and their firm dedication to the market and the customers. Terex has plans to deliver its global support to Indian construction equipment industrial stream keeping in view customer’s prime interest to maximize their rate of return on product assets acquired from the corporation. The corporation looks forward to increasing its manufacturing, R&D, marketing and supply chain presence. There are plans on cards to double the existing capacities of our facilities in India and utilizing the same effectively for our all business areas. Expanding these activities would involve significant investment and we are well-equipped to do so and play a more proactive role in supplying sophisticated and modern products to help build globally efficient and competitive equipment market in India. About the nature and quality of the Indian markets, he said gradually it is becoming more matured with new buyers who do not seem to be very much price sensitive as was the case two-three years back. They value the additional components, superior technical attributes and comprehensive technical assistance and services which our products and services ensure fully.

Adding in the discussion, Mr. Jehangir Ardeshir, President & MD of Terex India categorized these buyers into two types where the first one is not very price sensitive whereas the second one is very sensitive to the price factor. Slowly and steadily, they are also joining the mainstream buyers recognizing the fallacy that acquiring technically advanced quality products does mean a bit more of initial investment but their return on investment (RoI) is better over time. In the process of acquiring equipment, it must be realized that it is not only equipment which is being bought but also related services – it is all about a complete solution, he added.

Both Steve and Jehangir emphasized that India still needs high tech products and services to implement various infrastructure projects at hand and future projects in its task of infrastructure development. Terex is appropriately placed to chip in the process by working even more closely across the country through seamless integration of its global technical and business practices with local ones. Terex Corporation is a diversified global manufacturer operating in four business segments - Aerial Work Platforms, Construction, Cranes, and Materials Processing. Terex manufactures a broad range of equipment for use in various industries, including the construction, infrastructure, quarrying, mining, shipping, transportation, refining, energy and utility industries. Terex offers a complete line of financial products and services to assist in the acquisition of Terex equipment through Terex Financial Services. Greater localization would be the prime focus of Terex operations in India.
Click Here
To Know More or to Contact the Manufacturer
Please let us know your name.
Invalid Input
Please let us know your Designation.
Please let us know your Contact Number.
Please let us know your email address.
Please brief your query.
Our other Value-Added Services:

To receive updates through e-mail on Products, New Technologies & Equipment, please select the Product Category(s) you are interested in and click 'Submit'. This will help you save time plus you will get the best price quotations from many manufacturers, which you can then evaluate and negotiate.

Invalid Input
Invalid Input
Invalid Input
CDE Asia on its 16th anniversary, has added yet another feather to its cap with its key contribution to the construction of India’s largest greenfield route alignment - the Samruddhi Mahamarg Expressway

Read more ...

Manish Bhartia, Promoter & Managing Director, CDE Asia, discusses the company’s role in increased manufactured sand penetration in India, their aim to create a sustainable sand ecosystem, and making improvisations to the Combo range of sand production technology

Read more ...

Laterite quarry owners switch to MB Crusher Screening Unit to segregate pebbles from the soil and obtain M-Sand. An established laterite quarry in south India was looking for a solution to segregate very precisely the pebbles from the soil from a farm land located near

Read more ...

Afcons Igatpuri’s mega tunnels of the 700 km Mumbai-Nagpur Super Communication Expressway project, which are also Maharashtra’s longest and India’s widest road tunnels (8km long and 17.6m wide), have become a source of fascination

Read more ...

Coimbatore-based mineral processing equipment manufacturing major, Propel Industries, has widened its product portfolio to include mechanical sensor pavers, the new concrete batch mix plants, and the new battery-operated tipper trucks

Read more ...

Marsman India is a leading manufacturer of crushing & screening equipment, with two manufacturing units equipped with CNC, VMC, boring machines, plasma and profile cutting machines, welding, and heat treatment plants etc. It is also ISO 9001-2008 certified

Read more ...

Proman is offering Dry Classifiers of 10-40-75 tph, which come with bucket elevators for ease of output removal and require a small quantity of air for purging. The classifier is fitted with hoppers with rotary air lock valve for facilitating fines removal

Read more ...

Taurian has launched its SWIFT series of primary (jaw) and secondary (cone) crushers. While, on the face of it, these crushers look like typical track/skid mounted, they have some unique features which make them stand out in the market

Read more ...

Titan Crushing, which manufactures crushing and screening solutions under the brand name Diamond Crushers, has expanded its range from toggle crushers to grizzly, jaw cones, and vertical shaft impactors for stationary crushing. The range includes the new DP-Series

Read more ...

Siddhi Equipments, which is in the field of Industrial and Security Metal Detectors, Security Equipment, and Electronic Test & Measurement products, has once again come up with a new product - Industrial Aggregate (Blue Metal) Stone Crusher Metal Detector

Read more ...

Nashik-based aggregate/minerals crushing and screening solutions manufacturer RD Infra Equipments is expanding its production facility by about 50,000 sqft and upgrading its machines for higher capacity production and efficiency

Read more ...

CDE Asia exhibited its latest advancements in sustainable technology at Excon that will empower customers with hassle-free, energy-efficient, and eco-friendly solutions for producing high-quality manufactured sand. The new 2022 model of Combo Alpha

Read more ...

Terex India has officially unveiled 8 brand new products from 6 of their brands - Franna, Powerscreen, Finlay, MPS, TWS and EvoQuip at Excon. FR 17 Pick and Carry Crane: The main USP of Franna brand is its safety features. Franna pick and carry

Read more ...

The star attraction at Puzzolana’s stand at Excon were its newly launched Milling machine and Pavers for road construction. The machines have been exclusively designed for the application in India, while keeping Indian customer requirements in mind

Read more ...

Propel produces a diversified range of Crushing and Screening equipment for the construction and mining sectors at its world-class, vertically integrated manufacturing units with stringent quality control measures in place. At Excon, it displayed more

Read more ...

Hailstone showcased its cost competitive, smart crushing solutions at Excon that included vertical shaft impactors under its HW Series, JC series jaw crushers, HF series cone crushers, and EC series cone crushers, as well Plants on Wheels

Read more ...

Ashar Locker’s anti-clogging screens have proved to be highly successful in the manufacture of M-sand and P-sand over the past couple of years. These handmade and uniquely designed screens utilize every motion of the screen efficiently

Read more ...

Torsa introduced Smart IVX series of crushers of 150-200 tph at Excon that have a very compact footprint with a combination of jaw-cone and screen mounted on a skid mounted platform. The modular design of the skid mounted plant enables ease of transportation

Read more ...

Excon marked the launch of eight new products by Terex India from six of their brands - Franna, Powerscreen, Finlay, MPS, TWS and EvoQuip FR 17 Pick and Carry Crane: This compact pick and carry mobile crane from Franna product range is specially designed

Read more ...

AESHA Conveyors & Crushing Equipment is committed to provide innovative material handling solutions for the needs of its customers, and to improve the efficiency of their crushing processes for specific applications

Read more ...

×
Sign-up for Free Subscription
'India Construction Week'
Weekly e-Newsletter on Construction Industry
Get the latest news, product launches, projects announced / awarded, government policies, investments, and expert views.