XCMG setting up factory in India

XCMG is planning to establish a new factory in India, as revealed recently by the firm’s chairman Wang Min. He said that the XCMG Group intends to invest US$150 million into building a new factory in India. He recently visited all the Schwing factories in India to better understand the market and listen to reports made by top management about operations and future sales expansion. At the same time, he also made surveys of the Indian market, met with local dealers, convened meetings and made clear
May 14, 2018 Read time: 2 mins
XCMG is planning to set up a factory for construction machinery in India

2490 XCMG is planning to establish a new factory in India, as revealed recently by the firm’s chairman Wang Min. He said that the XCMG Group intends to invest US$150 million into building a new factory in India.

He recently visited all the Schwing factories in India to better understand the market and listen to reports made by top management about operations and future sales expansion. At the same time, he also made surveys of the Indian market, met with local dealers, convened meetings and made clear orientations and specific measures in the local market.

After listening to reports by the sales team of Schwing India, he said that the Indian market has great potential. Work for the first sections of XCMG’s new factory for construction machinery in India should be complete by the end of 2017. At the same time, XCMG will make full use of the existing sales system of Schwing India to expand the market and serve Indian clients.

Finance & Funding

For more information on companies in this article

Related Content

  • SDLG offering wheeled loader in India
    May 22, 2019
    SDLG is now offering its proven L958F wheeled loader in the Indian market. Replacing the firm’s earlier generation model, the L958F features a larger bucket capacity, heavier operating weight and a newly-designed cooling system. The firm says that the machine suits a wide range of heavy-duty working cycles, such as in material handling, land clearing and general earthmoving. The 5tonne capacity wheeled loader has a bucket size of 3.2m3 and a maximum dumping distance of 1.12m. Power comes from a Deutz
    Read More
  • Ammann asphalt plant in use in India
    October 3, 2018
    A new generation plant from Ammann is proving useful for an asphalt supplier in India. The firm is using an Ammann ABA UniBatch asphalt mixing plant, which is utilising recycled asphalt in the mix. The firm, RKC Infrabuilt, is based in Ahmedabad, India. The machine’s ability to utilise recycled asphalt (RAP) in place of fresh aggregate is the key cost saver. In addition, the ABA UniBatch plant is also able to maintain high mix quality while repurposing the RAP. “The plant provides excellent asphalt mix,”
    Read More
  • Bridges and roads part of Myanmar’s New Yangon development
    April 6, 2018
    At least two bridges and dozens of kilometres of roads are part of phase one of an ambitious Myanmar plan to build a new city. Other infrastructure projects are an industrial zone, a power plant and water and sewage treatment plants, according to the newly created overseeing body, New Yangon Development Corporation - NYDC. The new city will cover around 30,000 acres on the west side of the Yangon River, including land in Kyimyindaing, Seikgyikanaungto and Twante townships. Much of the work to create the
    Read More
  • Smart constructioon with GIS, GPS design technology
    May 2, 2012
    A UK highway project has benefited from the latest software, GIS and GPS technology, Mike Woof reports. Sophisticated software, GIS and GPS technology has played an important role in a large highway upgrade project in the UK and helping to increase efficiency and drive down construction costs.
    Read More

Highlighted Content