XCMG China partners with Schwing Stetter India 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, a leading concrete equipment manufacturing company to set up a new facility in India. This facility will manufacture construction and material handling machines. Further, XCMG plans to invest $250 mn for the new manufacturing facility in India in the near future. Construction equipment and material handling products will be manufactured through this facility.