Bonfiglioli setting new benchmarksin India
Kennady V Kaippally, Country Manager, Mobile & Wind Solution, India, said, ?India has strong macro fundamentals. Even with increased govt spending, fiscal deficit is below 4 per cent. Government?s focus and investment in infrastructure will be a strong growth driver for the equipment industry in the coming years. Bonfiglioli?s engineering expertise and flexibility in developing customised solutions is a strategic advantage in Indian market, considering our unique usage patterns. Opportunity for supply chain flexibility and uncertainty in exchange rate trends have renewed equipment manufacturers thrust for localisation. BTPL, 100 per cent subsidiary of Bonfiglioli Italy, with its technological strength and local footprint is poised to benefit from this shift. By bringing global solutions at doorstep, we are providing strategic advantage to our customers.?