18.11.2010

Palfinger to produce in India

Austrian based crane and access manufacturer Palfinger has established an assembly facility near Chennai, Southern India and signed up a new regional dealer.

The company told a local press conference today that the facility, which should ship its first units early in the new year, would produce products for other Asian countries as well as the local Indian market.

Production will include the new three tonne straight boom PS8000, that the company plans to launch at Bauma China next week. Targeted specifically at the Asian market it is expected to be a product designed to go head to head with small telescopic loaders cranes such as those built by Unic in Japan.
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Production will include the new three tonne straight boom PS8000 which is launched at Bauma China

The announcement was made following the appointment of automotive and logistics specialist T V Sundaram Iyengar & Sons as Palfinger dealer for the Tamil Nadu, Andhra Pradesh, Karanatka and Kerala regions of Southern India.

Palfinger Cranes India’s managing director Subhamoy Ghosh, who joined the company in June, told reporters that the facility would initially assemble 200 cranes a year, exporting them to countries such as China, Thailand, Indonesia and possibly markets in the Middle East.
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Subhamoy Ghosh

The company has invested Rs80 million (€1.3 million) in the 4,000 square metre facility, near its existing offices in in Poonamallee, Chennai. It will eventually source a high degree of its components locally.

Palfinger moved into India in 2007 with a joint venture distribution business –Star Palfinger Equipment with Western Auto and Hameed Salahuddin, that arrangement was dissolved in February and wholly owned Palfinger Cranes India which was established in April 2009, now operates from nine locations throughout the country.