Business Daily from THE HINDU group of publications
Thursday, Sep 18, 2008
ePaper | Mobile/PDA Version | Audio

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Corporate - New Projects
German co Putzmeister plans Rs 125-cr expansion

Our Bureau

Pune, Sept. 17 Construction equipment manufacturer Putzmeister Concrete Machines Pvt Ltd is on an expansion drive in India and will invest approximately Rs 125 crore in phases to upgrade its plant capacity in Goa.

This plant will act as a sourcing centre for components for its global manufacturing needs. The German company expects to complete its five phase expansion programme by 2012.

Goa plant

Mr Andrej Hropot, Managing Director, Putzmeister Concrete Machines Pvt Ltd said, “The company plans to focus on the expansion of the manufacturing plant in Goa. The expansion will ensure another 1,000 to 1,300 technical jobs on-site. We are also further strengthening our existing network of sales and service outlets across the country.”

Within India, Putzmeister Concrete Machines Pvt Ltd has a presence in Delhi, Jamnagar, Mumbai, Goa, Bangalore, Chennai, Hyderabad and Kolkata.

In addition to its plant at Verna industrial estate in Goa, Putzmeister has production facilities in Germany, US, China, Turkey, France, Spain, Italy, Japan, UK, South Africa and South Korea.

Putzmeister exports machinery to Sri Lanka and Bangladesh and will also export machinery to South East Asia and Middle East soon.

Putzmeister Concrete Machines Pvt Ltd is a wholly-owned subsidiary of Putzmeister Concrete Pumps GmbH and part of Putzmeister Holding GmbH (PMH). Its products include concrete pumps, tunnel machines, industrial pumps and mortar machines.

More Stories on : New Projects | Engineering

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page




Stories in this Section
Jindal Stainless not to cut prices further


ABW wins 90-year lease rights
Bilcare develops nano fingerprint to check fake drugs
‘Merger with IOC vital for BRPL’
Collect compensation cheques by Sept 22, urges Bengal CM
German co Putzmeister plans Rs 125-cr expansion
Adani Power to rope in cement manufacturer
Aurobindo gets nod for HIV drug
Novartis launches healthcare project for rural markets
Gujarat NRE Coke rights issue
Aban subsidiary plans Oslo listing
RIL production at D6 block soon
C.S. Jadhav BioDiesel Society secy




Smartbuy



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line