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Hyderabad, March 29

Vaishnovi Engineers, a Chennai-based player in the used earthmoving equipment, will expand its base in the country by opening 20 more branches across the country in the next two years. The expansion would cover hinterlands covering smaller towns like Nizamabad. The company, which claims to have a 50 per cent market share in this segment, runs 11 branches, mostly in the South. "Last year, we sold 430 machines, more than 50 per cent of the total sales in the country in this segment. This year we are targeting to cross the 1,000-mark," Mr Raghav Reddy N, Managing Director of the company, said.

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