He said that TIL is launching some new products at the event relevant to the industry and on display will be-Crushing & Screening solutions like Hydraulic Jaw/ Cone Crusher, High Frequency screen, Stationary/Portable/Mobile Plants, Eco-friendly Asphalt Mix Double Barrel technology from ASTEC, Hyster-TIL Reachstacker and Forklift Trucks as well as Truck Mounted and Rough Terrain crane.
Sharing his views about the Excon forum he said, it is one of the most significant shows dedicated to the construction industry, drawing a huge footfall from construction segment customers. It is the appropriate launch pad to create awareness of our portfolio and capabilities. In the absence of such a single forum, we will really need to reach out to such a large base of customers through various other means which may turn out to be more costly in the long run. The scope of interacting with captive audience/customers is more than any other media options and hence provides better chance to get better ROI.
Talking about the company and its different verticals, he said, TIL operates through its Material Handling Solutions division, Equipment & Project Solutions division and the wholly owned subsidiary - Tractors India Pvt. Ltd. (TIPL) for North and East of India and Bhutan, as well as overseas subsidiaries in Nepal and Singapore. TIL is headquartered in Kolkata with a well connected network, across the country.
The Material Handling Solutions division of TIL is engaged in design, manufacture and marketing of a comprehensive range of material handling, lifting, port and road building solutions with integrated customer support and after-sales service. The newly formed Equipment & Project Solutions (EPS) vertical focuses on providing 'single-window' solutions in crushing & screening, and offering innovative and eco-friendly asphalt mix technology for road construction. The EPS vertical also manufactures and supplies container handling equipment for Ports.
Informing about the company's various JVs he said that manufacturing and technical collaborations are with Manitowoc Crane Group, USA, Grove Worldwide USA, Potain [a part of Manitowoc – USA], Astec Inc., Hyster [a part of NMHG – USA], Paceco Corp – USA [a part of Mitsui Engineering and Shipbuilding - Japan], FAMAK S.A – Poland and Mitsui Miike Machinery Co. Ltd. [a part of the Mitsui Group – Japan].
Along with the Caterpillar range of construction, earthmoving products and solutions, TIL has augmented its products portfolio suitable for construction and road building sectors by bringing in latest technology—Hot Mix Asphalt Plant and Aggregate Crushers and Screens for road building activities in technical collaboration with Astec Industries-USA. TIL also has forged an agreement with Hyster a global leader in Big Trucks range for the sale and support of Hyster range of Big Trucks, Container Handlers and Reach Stackers across India.
In his concluding remarks he said, this comprehensive repertoire of products and services enables TIL to position itself as a diverse and multiple solutions company.