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XCMG China to set up mfg facility in India

XCMG China is partnering with Schwing Stetter India to set up a new facility in India with an investment of $150 million. This facility will manufacture construction and material handling machines. The company eyes substantial market share in the country and plans to export to neighbouring countries.

XCMG China to set up new manufacturing facility in India

XCMG China, one of the world?s largest construction machinery makers, is partnering with Schwing Stetter India to set up a new facility in India with an investment of $150 million. This facility will manufacture construction and material handling machines. The company eyes substantial market share in the country and plans to export to neighbouring countries.