Schwing Stetter plans Rs. 100-cr new facility

    Schwing Stetter India
    Schwing Stetter India, a construction equipment manufacturer major for handling concrete, is diversifying its product range and expanding production capacity to tap market opportunities infrastructure. The company unveils plans to set up a green field construction equipment manufacturing facility with an investment of Rs.100 crore in building, plant and machinery, Vice-Chairman and Managing Director, Anand Sundaresan, said, adding that the new facility will be located in Chennai close to its existing facility located in Tamil Nadu. Elaborating further he said adding that the new plant will double its production capacity of about 8,000 units a year spread across four units in the suburbs of Chennai. It will diversify to provide solutions covering concrete, non-concrete industrial and environment segments. The new product range will cover five key areas where infrastructure spends are happening including rural, urban, clean India mission, metro and high speed rail and expressways, tunnels and airports, he insisted.
    CURRENTLY ONLINE
    We have 609 guests and no members online

    NBM&CW

    New Building Material & Construction World

    New Building Material & Construction World
    MGS Architecture

    Modern Green Structures & Architecture

    Modern Green Structures & Architecture
    L&ST

    Lifting & Specialized Transport

    Lifting & Specialized Transport
    II&TW

    Indian Infrastructure & Tenders Week

    Indian Infrastructure & Tenders Week