Terex to invest $ 200 mn in India

The US-based construction and infrastructure equipment maker, Terex Corp, expects to invest around $200 mn in India, as it looks to increase its manufacturing presence in the country. The company, which wants to triple domestic revenues in the next five years, would also expand its marketing presence. The company plans to double capacity at its Noida plant by 2015, while also increasing capacity at the Hosur facility by around 50 per cent through the next year. Contact: Terex Corp. Tel: 0203-222 7170. Fax: 0203 222 7976. Website: www.terex.com