Astec Industries gets Indian boost

Astec Industries has unveiled “optimistic plans” for India where the government plans to spend US$600 billion on infrastructure in the coming years. Recently, four US-based companies of Astec Industries hosted two senior executives of Tractors India Limited (TIL) to further cooperation initiatives and strengthen Astec’s market position in India. Utilising its newly-opened state-of-the-art 20,000m² production facility in Kharagpur, West Bengal, TIL will manufacture a range of Astec Aggregate and Mining crush
December 4, 2012 Read time: 2 mins
Seen during an Astec visit are (from left) Ali Khan (director, marketing and sales, Astec Aggregate and Mining); Jeff Elliott (president, JCI); Somnath Bhattacharjee; Joe Vig and Dave Schmidt (plant manager, JCI)

Astec Industries has unveiled “optimistic plans” for India where the government plans to spend US$600 billion on infrastructure in the coming years.

Recently, four US-based companies of 681 Astec Industries hosted two senior executives of Tractors India Limited (TIL) to further cooperation initiatives and strengthen Astec’s market position in India.

Utilising its newly-opened state-of-the-art 20,000m² production facility in Kharagpur, West Bengal, TIL will manufacture a range of Astec Aggregate and Mining crushing and screening equipment and Astec asphalt hot mix plants, including track, portable and static plants and Double Barrel track plants.

Visitors to the Astec facilities included Sumit Mazumder, vice chairman and managing director TIL and Somnath Bhattacharjee, president of material handling solutions equipment and project solutions business at TIL.

Strategic discussions included new product review, expanded training, cooperative manufacturing, and key marketing initiatives in India.

TIL is an authorised licensee for manufacturing, sales and distribution of 2987 Telsmith, 3363 KPI-JCI, Astec Mobile Screens (AMS) and Astec Inc equipment in India.

“We have very optimistic plans for Astec group of crushing and screening and hot mix plants in India. This visit is an important step in strengthening our partnership as it allows us to review our business strategy for India and capture best practices used by the Astec group which can be localised and implemented for the benefit of customers in India,” said Mazumder.

Rick Patek, group vice president of the Astec Aggregate and Mining, said: “With a continued growth of an Indian economy projected at 7% in 2013 and its booming crushing and screening market, we see India as an important component of our overall global expansion strategy. The Indian government’s 12th Five-Year Plan’s objective to invest $600 billion in the infrastructure segment highlights the growing construction and aggregate needs in India. We look forward to responding to these ongoing needs by providing localised application solutions to end-users in the market.”
Finance & Funding

For more information on companies in this article

Related Content

  • Asphalt plans silos increase efficiency, reduce waste
    March 21, 2012
    A Colombian contractor tackles specifications for asphalt road work with Astec equipment. Award-winning Colombian contractor MHC has upgraded its Astec Portable Double Barrel plant to handle highway and other projects. The plant, installed in Bucaramanga, equipped with two RAP [recycled asphalt pavement] bins, a Double Barrel Green System, and one New Generation silo was bought by MHC in 2009. It has now received a second silo and a truck scale extension.
    Read More
  • Astec president J. Don Brock steps down
    August 23, 2012
    Astec Industries Inc. founder J. Don Brock has stepped down as president of the Chattanooga, US-based company, and Norman Smith, who co-founded the company with Brock, will replace the 73-year-old CEO as president and chief operating officer. The new "decentralised company structure facilitates the development of a strong internal management team," Brock said. Smith, 72, has served as head of the company's asphalt division since 1998. He was president of both Astec Inc. and Heattec Inc, and has been a direc
    Read More
  • Major success for bC India despite challenging economic conditions
    April 4, 2013
    Despite challenging times, the second bC India construction equipment show proved a success Mumbai, India’s most populous city and the fourth most populous in the world, has again delivered a successful bC India. The bauma/ConExpo international trade fair for construction machinery, building material machines, mining machines and construction vehicles, was held at the Bandra Kurla Complex, and impressively strengthened its position in the Indian market despite the challenging situation in the industry. Duri
    Read More
  • Astec develops innovative asphalt plant with additional recycling capability
    June 23, 2015
    Astec’s headline RAP plant can use up to 65% RAP content As it does for the 50% double barrel system aggregate dryer/drum mixer model, Astec is guaranteeing that its customers will get the increased percentage. The unit runs at 181-360tonnes/hour production (200-400UStons/hour). Astec, based in Chattanooga, Tennessee, manufactures all of their state-of-the-art Hot Mix Asphalt plants in the US. They introduced the first double barrel plant in 1989, according to executive vice president Steven Claude, during
    Read More

Highlighted Content