Terex India, a leading heavy equipment manufacturer, is planning to set up a new greenfield facility in Gujarat. The facility will focus on machinery production and export, strengthening the company’s presence in India and abroad.
The new facility is expected to produce up to 1,000 machines per year, including hydraulic excavators, cranes, and aerial work platforms. The company aims to increase its manufacturing capacity to meet growing demand in India and globally.
Terex India’s decision to invest in the new facility is part of its broader strategy to expand its market share and meet the evolving needs of its customers. The company believes that the new facility will allow it to provide better service and support to its customers.
The facility is expected to create employment opportunities in the region and contribute to the local economy. Terex India is committed to building a sustainable and environmentally friendly facility, with a focus on reducing its carbon footprint.
Overall, Terex India’s decision to set up a new greenfield facility in Gujarat is a positive development for the company and the Indian heavy equipment industry. It will help to boost local manufacturing and export capabilities, as well as create jobs and promote economic growth in the region.