thyssenkrupp inks pact with Gainwell to strengthen its presence in Indian aggregates market
POWER & RENEWABLE ENERGY

thyssenkrupp inks pact with Gainwell to strengthen its presence in Indian aggregates market

thyssenkrupp Industries India has entered into an exclusive distribution agreement with Gainwell, a leading distributor for construction, mining and power solutions having a strong presence in the North, East and Northeast region of India. The exclusive partnership with Gainwell will empower thyssenkrupp to strengthen its presence and to deliver its full range of crushing equipment and plants along with comprehensive services to customers in these regions.
thyssenkrupp is expecting to capture a significant market share through this distribution agreement. As a part of this agreement, Gainwell will be responsible for sales and product support (parts and service) for all aggregate crushing equipment and plants manufactured by thyssenkrupp Industries India.
 
Said Vivek Bhatia, Managing Director and CEO of thyssenkrupp Industries India: "We see enormous infrastructure growth potential in the East, North and Northeast region of India. In order to strengthen the offerings for our customers in these regions we see Gainwell as a very strong partner to support us. The collaboration aims at offering high-quality solutions backed by strong after-sales service for our machineries and spare parts."

"We are glad to be associated with a company like thyssenkrupp which has proven global expertise in machine manufacturing for more than 200 years. We are confident that our services coupled with thyssenkrupp engineering and manufacturing expertise will offer need-based solutions to the aggregate industry", said Sunil Chaturvedi, Chairman and Managing Director at Gainwell Commosales.

thyssenkrupp Industries India has entered into an exclusive distribution agreement with Gainwell, a leading distributor for construction, mining and power solutions having a strong presence in the North, East and Northeast region of India. The exclusive partnership with Gainwell will empower thyssenkrupp to strengthen its presence and to deliver its full range of crushing equipment and plants along with comprehensive services to customers in these regions.thyssenkrupp is expecting to capture a significant market share through this distribution agreement. As a part of this agreement, Gainwell will be responsible for sales and product support (parts and service) for all aggregate crushing equipment and plants manufactured by thyssenkrupp Industries India. Said Vivek Bhatia, Managing Director and CEO of thyssenkrupp Industries India: We see enormous infrastructure growth potential in the East, North and Northeast region of India. In order to strengthen the offerings for our customers in these regions we see Gainwell as a very strong partner to support us. The collaboration aims at offering high-quality solutions backed by strong after-sales service for our machineries and spare parts.We are glad to be associated with a company like thyssenkrupp which has proven global expertise in machine manufacturing for more than 200 years. We are confident that our services coupled with thyssenkrupp engineering and manufacturing expertise will offer need-based solutions to the aggregate industry, said Sunil Chaturvedi, Chairman and Managing Director at Gainwell Commosales.

Next Story
Building Material

Birla Corporation Plans Cement Expansion and Strategic Diversification

Birla Corporation Limited, the flagship firm of the M P Birla Group, plans to consolidate its cement operations while pursuing meaningful diversification. Speaking at the company’s AGM, Chairman Harsh V Lodha highlighted that Birla Corporation is a key player in central India’s cement sector, with a current production capacity of 20 million tonnes.The company aims to raise capacity to 27.6 million tonnes by 2028–29 through new grinding units and clinkerisation, with an estimated capital expenditure of Rs 43.35 billion. Lodha added that coal block allocations are progressing through vario..

Next Story
Building Material

Ultratech Cement Expands Cuttack Plant with Rs 3.72 Billion Investment

 Odisha Chief Minister Mohan Charan Majhi virtually inaugurated Ultratech Cement’s Rs 3.72 billion expansion project on Monday from Bhubaneswar. The ceremony, held at the state level in Bhubaneswar, saw the participation of Minister of Industries Sampad Chandra Swain, Chief Secretary Manoj Ahuja, Development Commissioner Anu Garg, and Additional Chief Secretary Industries Hemant Sharma.Aditya Birla Group head for Odisha, Ardhendu Mohapatra, and Ultratech Cement Cuttack Plant Head Abhinash Rath were also present. At the project site in Khamar Nuagaon and Kolathpangi villages, Athagarh te..

Next Story
Infrastructure Urban

Muthoot Finance Raises $600 Million via Global Bond Issue

Muthoot Finance has raised $600 million through an External Commercial Borrowing (ECB) issuance in the international bond markets, marking the fifth and final drawdown under its Global Medium-Term Note (GMTN) programme since May 2024 and completing the company’s $2 billion target.The bonds, rated BB+ by S&P and Ba1 by Moody’s, were priced at 6.37 per cent, with a 4.5-year maturity and an average life of four years. This represents Muthoot Finance’s first bond issuance since receiving credit rating upgrades from S&P in March 2025 and Moody’s in April 2025.Proceeds from the issua..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?