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thyssenkrupp Industries India bolsters economic growth story

By Niranjan Mudholkar,

Added 26 November 2015

Launches new product line at EXCON 2015 under its ‘Standard Machines Business’ portfolio.

According to a recent study by Industry ARC, the mobile crushing and screening equipment market globally is estimated to register CAGR of around 5.5% for the period 2015-2020 and reach $2.4 Billion by 2020. The report further stated that 2015-2016 is going to be a growth year for the mobile crushing and screening equipment. 

Sivasubramanian Natarajan also added, "With strong policy measures pushing infrastructural and industrial development, improving ease of doing business, clearing hurdles for expediting project executions and fast-tracking approvals to kick-start the investment cycle among others gives us hope that 2016 should be a better year for most product segments. With our new product portfolio, we are targeting 10% of market share and hopefully we should be able to push it up to 25 to 30% in the next 5 years."

With the brand's trusted and holistic capabilities of offering unmatched products, solutions, spares and services, thyssenkrupp Industries India is confident of building on their brand and customer loyalties.
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