Italtractor ITM Spa (ITM) and DOZCO India announced the creation of a joint venture (JV) company called ITM DOZCO Pvt Ltd. The intention of this new JV is to create the leading manufacturer of undercarriage components in India to optimise service to local and global customers. The company will offer a full range of undercarriage components and complete track systems for earthmoving machines. The JV will cover the Indian market needs as well as requirements for global customers across all industries.

?By leveraging on ITM?s expertise in undercarriage production and design, and DOZCO?s market knowledge and service capability, we will be able to offer our customers a significant improvement in operational efficiency and quality service. This reinforces ITM?s position as a global player and key partner in the world of undercarriage,? said Maria Cecilia La Manna, Chief Executive Officer, ITM.

?DOZCO, a reputed Indian manufacturer of mining and construction equipment, attachments, and components, joining forces with ITM, an international leader for manufacturing undercarriage components to meet the global demand, is a milestone in the honourable Prime Minister?s Make in India initiative. This will be a boon to the customers who are looking for quality and critical components,? said NG Bangur, Director, DOZCO