CHETRA to set up production unit in India

CHETRA Machinery India, daughter Company of “Machinery & Industrial Group N.V” (M&IG) – the largest Russian international manufacturer of machineries and equipment declared its ambitious plans of establishment of the industrial machines CHETRA production unit in India.
 
M&IG production is being imported in India since 1999. To fulfill the growing demand of Indian customers in technically advanced industrial machines the Company has established a 100% subsidiary – CHETRA Machinery India. Today the company offers dozers, pipe layers, wheel loaders, various types of special equipment for pipeline cleaning, priming, heating and Insulation works as well as excavators.
 
According to a company release, innovative machines by M&IG are used in biggest state and private companies of India, like KCC, Jaihind, Punj Lloyd, Coal India, etc. Company’s share at the Indian pipe layer market has already reached to 30%. As estimated by the market players, taking into account the demand of mining and construction industries, it may reach 40-50% soon.
 
M&IG Vice-president for global markets Vladimir LEPIN opines, organisation of the production unit will strengthen Russian producer’s position not only in India, but in the whole South East Asia region as well. Australia, Malaysia, Indonesia, Thailand and South Korea have already shown special interest in Russian CHETRA machines. “By the end of 2015 the number of yearly produced machines will have reached 200”, said Mr. Lepin at the presentation of the project. “Besides, Russian specialists will carry out educational and qualification-raising programs for the Indian engineers participating in CHETRA production and services,” he adds.
 
Russian Trade Representative in India Mikhail Rapota emphasized the importance of such international projects that promote scientific and technical cooperation of the two countries. “The future Russian machinery production unit in India will cover the demand for these highly competitive industrial machines and become the contribution of the Russian machine-builders into the economy of the partner state.

15