Bharat Kaushal, current Chairman in India of Sumitomo Mitsui Banking Corporation, to spearhead Hitachi India
Construction of Andhra Pradesh facility to commence in Q4 2017; mass production due to begin in 2019, with 300,000-unit annual capacity
The Milacron Magna Toggle 450 ton 2K injection molding machine was handed over to Alpla India Company.
Ample opportunity to both the organizations to bring together mutual synergies and contribute to policy priorities of the Government
This agreement, specifically for the sale and service of the Yale® and UTILEV® product range, will allow both companies to build on each other’s strengths.
A combination of power and efficiency with the addition of several new features
Growth will be led by Asia; India set a new record for installations this past year
Bekasi facility will have capacity of 160,000 units and employ 3,000 workers
Core volumes up 9.0% year-on-year; EBITDA grew 66.5% to EUR 846 million