Soilmec enters India with its foundation equipments

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Bangalore, Nov 15 (UNI) Looking for a strong and lengthy presence in India, Italian construction equipment major Soilmec had drawn up aggressive plans, including setting up of a manufacturing unit in the country.

With over 50 Soilmec drilling rigs in the country for pile foundations and orders book filled to the brim till April next year, Soilmec had already drawn up blue print for a manufacturing unit in the country, Soilmec Director for Italy David Panzavalta told newsmen here.

He said the demand for such drilling rigs in India was around 100 and Soilmec aimed to grab atleast 50 per cent of the marketshare. '' We have a portfolio of more than 12 rigs to be delivered in the next two months'' Mr Sanjay Chakrabarty, Managing Director of Soilmec (India) said.

With an average cost of half a million Euros, each machine would add value to the customers.

Mr Chakrabarty said one of the top priorities oin India was to improve and develop new infrastruture and soilmec saw a great demand for its products and technology. Soilmec offered comprehensive solutions that were the results of intense reserch and development undertaken over the last four decades he added.

He said that the Company had also set up its own design team in India to offer a custom made solution to Indian clients. Depending upon demand and customer requirements more products would be introduced, he added.

Soilmec is demonstrating its rigs at the ongoing ESCON-2007, an exposition of construction and mining equipments, of the Confederation of Indian Industry here.

UNI

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