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Escorts ties up with Japanese firm to launch crawler cranes
Escorts Construction Equipment Limited (ECEL), the construction equipment and material handling equipment manufacturing arm of Escorts, has expanded its product portfolio and launched Crawler cranes in the country. The company has signed up with IHI Construction Machinery Limited of Japan for marketing its entire range of crawler cranes in India.
Marking the launch of Crawler cranes, Tsuuneo Nagase, Deputy General Manager, Crane Group, International Division, IHI, and Koji Hibino, GM, India Operations, IHI, along with Rajesh Sharma, Associate Vice-President, Marketing, ECEL, handed over the key to the first customer in the country, the city-based Navayuga Engineering Co Ltd, according to a statement issued.
Says Mr. Sharma, “ECEL pioneered the construction and earth-moving equipment industry in the country and plans to further consolidate its leadership position in the segment. Infrastructure and real estate development are driving rapid growth of the construction equipment industry. We are geared to tap this opportunity with a slew of product offerings for the diverse set of verticals in the industry”.
According to industry estimates, the construction and earth-moving equipment industry is currently estimated to be around Rs.9,000 crore and expected to grow to about Rs.40,000 crore by the year 2015.
The IHI Crawler Cranes are packed with features and attributes which are advantageous for the end customers.
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