Construction News

Tue July 23 2024

Related Information

CNH takes full ownership of Indian JV

14 Apr 11 CNH Global has acquired full ownership of the Indian joint venture L&T-Case Equipment.

L&T's JP Nayak greets CNH's Franco Fusignani
L&T's JP Nayak greets CNH's Franco Fusignani

The unconsolidated joint venture was established in 1999 with Larsen & Toubro to manufacture and sell construction and building equipment in India. The new wholly owned company will take the name Case New Holland Construction Equipment India.

The company, which employs more than 600 people, operates a production facility in Pithampur in Madhya Pradesh and a distribution network of 56 dealers and 144 outlets. In addition, the company plans to continue to invest in its Case construction equipment product offering and strengthen the sales network to meet the needs of the local and export markets.

Related Information

The 40 acre Pithampur facility currently builds backhoe loaders and vibratory compactors. It is equipped with facilities such as high precision laser and cutting machines, welding robots, CNC machine tools, a new automated powder coating system and a variable speed assembly line. The factory holds ISO 9001 certification for design and manufacture of construction and road building equipment and ISO 14001 certification for environmental management. As it is integrated into the CNH manufacturing network, the Pithampur plant will introduce methods to bring it in line with CNH production system and quality standards.

“This is an important step in our long term commitment to consolidate our construction equipment business in India and in other export markets and to develop a manufacturing base in India fully integrated in the CNH worldwide industrial footprint,” said president and CEO of CNH Global, Harold Boyanovsky. “The Pithampur plant will be in a position to make the most of the opportunities for growth that the sector offers today and in the future.”

Got a story? Email news@theconstructionindex.co.uk

MPU
MPU

Click here to view latest construction news »