Wang Min (L2), chairman of XCMG and Liu Jiansen, assistant president of XCMG (L1) shake hands with Sundaresan, general manager of SSI and Abolis, general manager of Schwing Stetter Germany on a press release held in Chennai, India on Jan. 12.
BEIJING, Jan. 25 (Xinhua) – Chinese construction machinery giant - Xuzhou Construction Machinery Group Co., Ltd. (XCMG) will build a plant in India with an investment of 150 million U.S. dollars, said Wang Min, the company chairman during a press conference on Jan. 12.
During his trip to India from Jan. 10 to 13, Wang visited all the plants of Schwing Stetter India (SSI) and was warmly welcomed by workers at SSI.
After hearing the report from SSI, Wang said, “India has great potential. We will make 2017 the India Year of XCMG. We will spare no efforts to develop this market with our best products!”
According to Wang, the first workshop of this plant will be completed by the end of 2017.
Furthermore, XCMG will develop India market and provide good products and services for India customers via current sales network of SSI, Wang said. Enditem
(Edited by Duan Jing, duanjing@xinhua.org)
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