Franna announces expansion into India
Franna, a leading provider of mobile pick-and-carry cranes under Terex brand, is set to expand its global manufacturing footprint into India in order to support international growth plans. In addition to production at the Brisbane facility in Australia, a new Franna pick-and-carry crane designed specifically for India will also be manufactured at the Terex Materials Processing facility in Hosur, with production expected to commence in early 2021. Terex already has a strong manufacturing presence in India having first entered the region in 2009.
“This is an exciting investment for Terex as we continue to promote and grow the Franna brand globally. “We have already had very good experience in the Indian market (albeit third hand, many years ago before being part of Terex). Now we have the ability to directly bring our market leading Franna technology with local homologation to improve safety and performance for the Indian market. This expansion will allow us to support our growth plans without causing any disruption to our production capacity in Australia and will allow us to be a valued competitor in India,” said Danny Black, General Manager of Franna.
India is one of the largest mobile crane markets in the world according to market research organisation Off-Highway Research.
------------
A-303, Navbharat
Estates,
Zakaria Bunder Road,
Sewri (West), Mumbai - 400 015,
Maharashtra, India
+91-22-24193000
Subscriber@ASAPPinfoGlobal.com