Terex celebrates a decade of success in India
Terex started its Hosur operations in 2009, employing close to 80 employees
Terex—a diversified global manufacturer of equipment that adds value to materials in mining and quarrying industries—is celebrating 10 years of successful operations in India with the announcement of new expansion plans for its 45-acre site in Hosur, Tamil Nadu facility to drive Terex’s next growth phase in India.
Terex started its Hosur operations in 2009, employing close to 80 employees. Ten years later, the company has more than 300 employees and enjoys a strong market presence through its various brands—Powerscreen, Terex Finlay, Terex Minerals Processing Systems (MPS) and Terex Washing Systems (TWS)—products of which are working for several major and strategic infrastructure projects across India.
At the celebratory employee 10th Anniversary occasion, Jaideep Shekhar, MD, Asia & EMEAR, said, “We’ve covered a long journey ever since we established the first office in Hosur and it gives me a great pleasure to see Terex India reach this milestone. India is a very important market for Terex and we are continuously incorporating new innovations and technologies across our product portfolio to provide our valued customers with a one-stop solution for their mining, quarrying and sand manufacturing needs.”
The new expansion plans at the Hosur plant include addition of a new shot blasting & paint shop facility, a new machine shop and other infrastructure enhancements, which will allow for production ramp up and improved efficiency. In addition, Terex aims to steadily accelerate its growth by introducing new product lines to the market, expanding its Customer & Product Support Team to improve geographic reach and increase capacity to provide technical support across India.
Shekhar concludes, “Together, we achieve more and I thank our customers and partners for their continued support and our team for their steadfast dedication and commitment. Terex investment in India enables us to provide first-rate product experience and support to our customers, and will support our ongoing growth and development as we seek to build on the momentum of increased demand for our products across India and beyond. We are looking forward to celebrating our 10 year milestone with customers and partners at the upcoming Excon 2019 event in December.”