Mtandt Group has seen sustained and robust growth in current year and added new innovative products to its portfolio

The Mtandt Group sustained a qualitative growth path in the current year (2016), despite weakness & volatility in exchange rates, and an uncertain global economy.

Mtandt has come up with strong results and expects to close this financial year with annual increase in turnover by 60% over the last financial year 2015-16. In the first two quarters of the current year, the Group has posted an increase in revenue by 35% over the previous year. Looking at the current Order status; it is quite confident of achieving the targeted growth of 60%.

“Since 1974, we have written an impressive, sustained success story. The Mtandt Group signifies real value and reliability in a world full of uncertainties,” said Mr. Rakesh Modi, Managing Director, Mtandt Group. He added, “We want to get better in every aspect in 2017 and strive to take the Group to the next level of growth.”

Mr. Pradeep Agarwal, Associate Director, Mtandt Group, said: “Our goal for fiscal year 2016-17 is to achieve further growth both in terms of volumes and in sales revenue and operating profit.”

“Mtandt Group has plans to invest `7 billion ($100 million) over a period of two years in various verticals, including enhancement of rental inventory, and in its servicing and refurbishing facility” announced Mr. Modi.

This year, The Mtandt Group tied up with various OEMs to promote their innovative products in India and neighbouring markets like Srilanka, Nepal, Bhutan, and Bangladesh.

XCMG: Mtandt will be distributing XCMG’s Hydraulic Fire Trucks upto 102 meters reach height. Construction machineries like Piling Rigs, Motor Graders, Wheeled Loaders and All Terrain Cranes are also sold and serviced by Mtandt.

RUTHMANN: Mtandt joins hand with the world-renowned aerial work platform manufacturer RUTHMANN for their truck mounted aerial work platform business. Through this partnership, Mtandt will have exclusive sales and service rights for entire product range of RUTHMANNSTEIGER® in India.

Aardwolf Monzon: Mtandt Group specialises in developing, manufacturing, and supply of Innovative Scaffolding solutions under its brand Aardwolf Quickfit. Its unique ability to fit into infinite combinations makes it most effective, convenient and time saving to install than conventional solutions.

PortaDeck: Engineered and manufactured by Mtandt Group, Portadeck is the trusted choice for – construction, drilling, mining, shoring, utility/transmission, site remediation, and heavy-haul. The same features prized by these industries make Portadeck mats ideal for military applications and they can be used to create access roadways, helicopter landing pads, maintenance areas, motor pools, warehouses, hangar floors, encampments, and even mobile medical facilities.

Portadeck is the strongest modular matting system. Its unique composition of HDPE, UV protection, anti-static and other additives makes it non-absorbent, prevents degradation, and eliminates warping and breaking climat conditions.

Mtandt has introduced in India construction machineries like Rack & Pinion Passenger & Material Hoists from hand-picked manufacturers from around the world.