Schwing Stetter India Partners with GOMACO USA to Foray into the Concrete Paving Industry in India
📅 Wed May 24, 2017 - National Edition
Kent Godbersen, GOMACO’s Vice President of Worldwide Sales and Marketing; Anand Sundaresan, Schwing Stetter’s Chairman; V.G. Sakthikumar, Schwing Stetter’s Managing Director; and Rory Keogh, GOMACO International Ltd.’s Managing Director.
Schwing Stetter India, one of the country's leading concrete equipment manufacturers, has partnered with GOMACO Corporation This partnership will provide Schwing Stetter India with the sales and service rights for GOMACO's entire range of concrete paving products across the country, except for the state of Telangana. The company plans to target $10mn sales in India during its first year of association.
The Government has recently announced a drive to build 30 kilometers of roads per day; 10950 km road projects and 100 new concrete road projects to be set up in India. In addition to this, the Government has set an ambitious target of increasing the contribution of manufacturing output to 25 per cent of Gross Domestic Product GDP by 2025, from its 16 per cent currently.
Mr. Kent Godbersen, Vice President of Worldwide Sales and Marketing, GOMACO Corporation said, “Schwing Stetter has been serving the concrete construction market in India for nearly 20 years and they will be an excellent partner of GOMACO Corporation and our concrete paving products. We have chosen Schwing Stetter to help lead our efforts in India because of their commitment to the customer, their attention to quality products, and excellence in service.”
On this partnership announcement, Mr. Anand Sundaresan, Chairman, Schwing Stetter (India) Pvt. Ltd. said, “We are proud to be associating with GOMACO to offer their concrete paving products in India. This is a great opportunity for concreting all the roads in the country. We are pleased to join the world leader in this space to empower India with well-laid, concreted roads across India.”
Mr. V.G. Sakthikumar, Managing Director, Schwing Stetter Sales & Services Pvt. Ltd. said, “Concrete pavers have multiple applications like building roads for the national and state highways, airport runways, canal lining, high speed rails, etc. We at Schwing Stetter have always been eager to partner with a player that has great expertise in this line of products. Additionally, our country can greatly benefit from a product like this owing to the fact that building concrete roads are cheaper, faster to build, long lasting and require minimum post construction maintenance costs.”
For more information, visit www.gomaco.com