Terex - a diversified global manufacturer of equipment for mining and quarrying industries — is celebrating 10 years of operations in India and has announced expansion plans for its 45-acre manufacturing plant in Hosur, with which it plans to drive its next phase of growth in India.
With close to 80 employees at the start of its operations in 2009, the company now has over 300 employees and enjoys a strong market presence with its brands Powerscreen, Terex Finlay, Terex Minerals Processing Systems (MPS), and Terex Washing Systems (TWS) —all of which are catering to several major infra projects across India.
The expansion plans at the Hosur plant include addition of a new shot blasting and paint shop, a new machine shop and other infrastructure enhancements, which will ramp up production and improve efficiency. Terex also plans to steadily accelerate its growth by introducing new product lines in the market, and expand its Customer & Product Support team to increase geographic reach and capacity to provide technical support across the country.
Thanking Terex customers and partners for their support, Jaideep Shekhar said, “With Terex investments in India, we will be able to provide first-rate product experience and support to our customers. As we seek to build on the momentum of increased demand for our products across India and beyond, we can look forward to greater growth and development. We are also looking forward to celebrating our 10-year milestone with our customers and partners at the upcoming Excon 2019 event in December.”