Trelleborg Builds Platform for Growth in India

Press Release
Thursday, April 12, 2012
A Trelleborg facility (Photo: Trelleborg).

Trelleborg is increasing its physical presence and customer support in the Indian market with the opening of multiple new facilities in 2011 and more in 2012.

Establishing a platform for local presence and expansion across a wide variety of industries, Trelleborg now has several facilities in the region with its Trelleborg Engineered Systems, Trelleborg Automotive and Trelleborg Sealing Solutions business areas all having either a manufacturing facility or head office in the country.

“India has a vast and growing economy with an average growth of six to seven percent expected in the next three years in industrial production alone,” said Peter Nilsson, President and CEO at Trelleborg. “Therefore, the decision to increase our investment in this key area couldn’t have been an easier one, and we are pleased to announce that all of our facilities are reporting excellent sales; we have seen an 18 percent increase in sales from $61.5 million in 2010 to $72.5 million in 2011.

“These investments, including the relocation and centralization of our Trelleborg Engineered Systems operation, which works with marine systems, will enable us to get closer to the action in our chosen market sectors in India and around the world,” said Nilsson. “Through the ‘Engineering and Design Centre of Excellence’ in Ahmedabad, we can provide a complete cradle-to-grave service, which maintains quality right through the supply chain to our existing customer base. In the marine industry, for instance, we strongly believe that Trelleborg can contribute to the upcoming renewal and expansion of ports in India and globally.”
 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter February 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

IBIA Celebrates 23th Annual Dinner

Association appoints new board members and sets priorities for the future   The International Bunker Industry Association (IBIA) has appointed three new members

OSV Delivered to MC2 in Dubai

Marine Core & Charter LLC (MC2) headquartered in Dubai has taken delivery of the new build PETRA-1, the first of two, 45-meter Fast Offshore Support Vessels in

Baltic Index Pauses at Record Low

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, ended flat on Thursday after declining for 12 straight sessions

Offshore

Eni, Exxon, Statoil Win Irish Offshore O&G Licences

The Irish government said on Thursday it had awarded oil and gas licences to companies including oil majors Eni, Exxon and Statoil , allowing them to explore for hydrocarbons off the coast of Ireland.

Maersk Drilling Posts Record Profit

Maersk Drilling delivered the best result ever with a profit of USD 751m (USD 478m) in 2015 generating a ROIC of 9.3% (7.1%). The result was positively impacted

Update on Seagull Mobile apps for Crew

The Seagull mobile app for crew training status is set to revolutionise the way seafarers track their training records and receive critical safety alerts, by making

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pod Propulsion Ship Repair Ship Simulators Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0821 sec (12 req/sec)