XCMG to invest $150 million in manufacturing unit in India

XCMG, a Chinese construction machinery company, will invest $150 million in a new manufacturing unit in India for construction and material-handling machines, partnering with Schwing Stetter India. The factory is expected to be operational by end of 2017.

“Schwing Stetter India has already paved the way for our entry in India.”thehindubusinessline.com

• 5 sources
• thehindubusinessline.comXCMG China to invest $150 m in manufacturing unit in India - The HinduBusinessLineJan 12, 2017
• timesofindia.indiatimes.comXCMG China partners with Schwing Stetter India to set up new manufacturing facility with $ 150 million investmentTNN / Updated: Jan 13, 2017, 19:32 ISTJan 13, 2017
• constructionworld.inXCMG China partners with Schwing Stetter India to set up new manufacturing facility in IndiaCW TeamFeb 1, 2017
• news.global-ce.comXCMG Plans to Invest USD150 Million for A New Factory in India|Global-CEFeb 4, 2017
• canmaxcn.com

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