Escorts and Tadano form joint venture TEI to manufacture mobile cranes in India

Escorts Ltd and Tadano Group signed a joint venture agreement to form TEI (Tadano Escorts India) to manufacture rough terrain cranes and truck mounted cranes in India. Tadano holds 51% and Escorts 49%.

“The JV was signed by Nikhil Nanda, CMD, Escorts Limited and Koichi Tadano, President and CEO, Tadano Ltd in New Delhi.”nbmcw.com

• 1 source
• nbmcw.comEscorts & Tadano Sign JV to Manufacture Higher Capacity Mobile Cranes in IndiaZainab FaridiAug 27, 2018

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