Construction industry machines manufactured by Shatal Engineering of Israel at its Coimbatore plant and fitted with motors supplied by Suguna Pumps and Motors are ready to be exported.
“We are ready to sell Indian made machines,” Shatal Engineering Managing Director Josef Levy declared, adding the development was in tune with the company’s decision to make India its global engineering base. Shatal, a 50-year-old company with a strong base in Europe, which formed a marketing joint venture with Suguna for India, also intends to increase its investment on the plant.
“The investment that has gone into the [Coimbatore] plant is $1.5 million, and we plan to invest $1 million more,” he said, underscoring the need to expand the production to cater to the domestic and export markets. Mr. Levy, who is the director of Suguna Shatal, was addressing a press conference with V. Lakshminarayanasamy, Chairman, Suguna Group of Industries, here on Thursday.
On the decision to form the joint venture, Mr. Lakshminarayanasamy said the group felt that it was the right time considering that the level of mechanisation was bound to increase in the country in the face of labour shortage.
“The demand for quality construction and the kind of high pressure construction schedules under which the industry is functioning has skyrocketed the demand for quality construction equipment”.
Suguna Shatal would initially market construction machines such as vibratory plate compactors, concrete and asphalt saws, brick and tile saws and power trowels. All the prime movers would be from Suguna, he said, adding seven more Shatal products would be launched in the next few years. Suguna Pumps and Motors, he added, expected to supply around 10,000 motors to Shatal.