Ad Here  
January
February
March
April
May
June
 
 
A global plastic event in India Murugappa- a year of consolidation OBO Bettermann for better lightning protection Investor friendly Japan Waste, a gold mine ALL to launch electric busses Blue Star plans a new plant in south Apple maps – finding its way WABCO’s second Chennai plant TOP 10 CEO Compensation Big-ticket investments march towards Punjab Towards peace of mind BRICS development bank ECGC expands operations Reality bytes Flexible labour laws… Is Indian telecom industry heading for a monopoly? Business Breif Innovation that helped Chennai port Nothing to hide... Chennai will soon get its World Trade Centre Striking cords for 25 years… TII-challenging year with flat growth European crisis is a global crisis! Need to focus on ease of doing business... Bridging the skill deficit in pharma industry Focus on self-certification and third party inspection Chennai to get a roundabout Metro Placing the right shoe forward... Nigeria comes nearer STFC raises money TiE applauds innovative entrepreneurs Backpack laboratory Celebration time at MS Chola Ridley marathon to India Inclusive and forward moving... TN budget pragmatic and moderate on fiscal deficit Indigo stays leader with 40 per cent share Time to fast-pace the logistics sector Chola MS launches motor app Veritas Finance- financing the unfinanced Hyundai excites again ISRO's 100th mission Changing dynamics in human resource management Four daughters and a proud father Make way for the new and dynamic railways Holiday Inn opens in OMR Chennai Brand leaders come forward... Gem of social service... Curbing steel imports will hurt small business... Automotive Vision Plan II... Research needs more funding Industry-well poised to invest on expansion Schwing Stetter India joins hands with US-based Gomaco TII’s single largest investment at Thiruthani Connecting the unconnected An American alliance in the chemical industry? Airlines wage price war Celebrating 180 years of relevance ALL – truck industry is recovering from degrowth Climate change may change the way businesses work... Hero Motocorp - smooth ride Carrefour’s quick exit More gensets and diesel engines from TAFE Pharma market dozes The new look- 4s Verna An aerospace-defence cluster in Tamil Nadu… Purdue and IIT-M sign the dotted line Creating Tamil Nadu Banana brand - World labour laws at a glance Economic, business and social sustainability Realising double digit growth in Tamil Nadu When Centre visits the state Secured NCDs from Shriram City People Flow Day- Safety Steel loses its sheen ALL-two launches in a row On the ‘milky’ way Digital retail transactions stabilise at higher level… LVB gears to become a financial supermarket Well-refined – RIL’s refinery margins zoom IFCI to raise NCDs upto Rs 2000 crore Downsizing spree... Durga - India’s largest blast furnace; now operational Business Briefs Smart controls for cooling large multi-zone spaces ... Tata Steel commence operations at Kalinganagar Sun Edison launches solar pumps SumInfra- corridor based development... TVS Logistics – another acquisition to sharpen the business model Strategy war escalates between Hero and Honda Adding Zest to Scooty Three more leather clusters… AirAsia India infuses funds to fight out competition CUB: towards card-less withdrawal Scoot offers just Rs.13,500 to ANZ... Auto test tracks launched at GARC Oragadam campus TCS’ revenues cross Rs 100,000 crore Applauding enterprise... Indian Bank – global businesses crosses Rs 3 lakh crore... Rating of states to be released soon Economic issues take a back seat at G20 summit Realty sector takes a break... Techies trip to India Chola MS net crosses 100 crores Illicit markets a concern to growing economy Housing Innovation Challenge, 2015 Chennai Port is at last decongested! Dynamic e-commerce scenario
 
Schwing Stetter India joins hands with US-based Gomaco

Leading ready-mix concrete equipment maker Schwing Stetter India (SSI) has entered into a partnership with US-based Gomaco Corporation to foray into concrete paving industry in India. As part of the tie-up, Schwing Stetter India will have the sales and service rights for Gomaco’s entire range of concrete paving products in the country, except for the state of Telangana. SSI targets $10 million sales in India during its first year of association.

“We are proud to be associating with Gomaco to offer their concrete paving products in India. This is a great opportunity for concreting all the roads in the country. We are pleased to join the world leader in this space to empower India with well-laid, concreted roads across India,” said Anand Sundaresan, Chairman, Schwing Stetter (India).

Indian government has plans to build 30 km of roads per day: 10950 km roads and 100 new concrete road projects are to be constructed. Also, the government has set an ambitious target of increasing the contribution of manufacturing output to 25 per cent of GDP by 2025 from 16 per cent now.

SSI expects the association with Gomaco will help tap the emerging opportunities in road sector.

Gomaco sees a right partner in Schwing Stetter to market its products due to latter’s rich experience in concrete construction market in India for nearly two decades.

Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com