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OTR TYRES | POSITIVE OUTLOOK

India?s growth story in non-urban infrastructure construction and mining is now way beyond green shoots? stage, resulting in accelerated sales and usage of wheeled earthmovers and haulage trucks. For OTR tyres, this obviously translates into big business and adequate space to grow.

Our machines are not only made in India, but also made for India

Logistics and taxation challenges are the biggest bottlenecks. Absence of GST regime is actually hurting the prospects of business growth and economic activity expansion, says Vijay Sharma, Executive Director, Terex Equipment.

We will be investing in new product lines and aim to cross the $500-mn turnover mark by 2015

In a significant strategic decision, Terex Corp has recently acquired Demag Cranes, world?s leading German manufacturer of all kinds of cranes, for nearly $1.5 billion.

TEPL has ambitious plans for quadrupling its top line from present levels

Terex Equipment is all set to ride the bandwagon and be a part of this tremendous growth story that is unrolling in the country, "We have set up another state-of-the-art facility at Hosur, near Bangalore, apart from the existing Greater Noida facility.

Mobile & Moving Up

Out of the total market for the CE industry, the share of crushing and screening equipment (CSE) is pegged at 13 per cent - that is, US $ 30 billion across 2012-17; what's more, the CSE market is projected to grow at the rate of 15-20 per cent YoY for the next five years.

We will be a 500 million company by 2015

Sounding both pragmatic and optimistic about Terex India?s growth, Jehangir Ardeshir, President and Managing Director, Terex India talks about the company?s future to Equipment India.

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