Mtandt to invest Rs 70 Cr into manufacturing and rental

The Mtandt Group, one of the pioneers in bringing Aerial Work Platforms (AWP) and portable roads in India, announced investment of Rs 70 crore into setting up manufacturing facility and enhancing rental equipment inventory.
Gopal Modi, Group Executive Director, Production and Purchase, Mtandt Limited said, “We will be setting up state-of-the-art production facility for manufacturing PortaDeck portable road, Aardwolf No Limit unlimited scaffolding solution and will scale up production of Aardwolf Quickfit mobile aluminium scaffoldings keeping in view increasing demand from industrial, construction and defence segment.”

Sanjay Khanna, President, Mtandt Rental Limited adds, “We will be enhancing our rental fleet inventory by bringing in more new machines to keep the fleet young and give contractors access to the most modern, safe and environmentally friendly equipment without the capital outlay. We are investing in capital equipment service and refurbishing facility to serve our customer in better way.”

Mtandt group specialised in manufacturing, distribution, renting, service and training of capital equipment.

“It is our intention to continue to grow. After seeing first two quarters result we can say the group will continue to grow at better rates than the market growth,” said Modi.

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