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

People & Company News

Young Taken on PESA Advisory Board

Hoover Container Solutions’ chairman and CEO, Donald Young, has been nominated and elected to the Petroleum Equipment & Services Association (PESA) Advisory Board for a three-year term.

US Navy Tests Latest Aegis Weapon System

The U.S. Navy conducted a series of cooperative air defense test exercises with the Spanish navy that culminated in live missile firing events using the latest Aegis Weapon System baseline July 20-21.

Antwerp Port CEO Scoops Baron Title

After 25 years as CEO of Antwerp Port Authority, Eddy Bruyninckx has been raised to the nobility by H.M. the king of Belgium with the rank of baron. In Belgium

Offshore

MOL Signs Long-Term Charter with Uruguayan JV for FSRU

Japanese shipping company Mitsui O.S.K. Lines, has, through its wholly-owned subsidiary Lakler S.A., agreed to conclude a charter contract with Gas Sayago, for

Migrants Survivors Tell of Struggle at Sea

The bodies of 21 women and one man were brought ashore to Sicily on Friday as fellow migrants described scenes of panic and violence when water poured into their dinghy.

Three Keppel Dredgers for Jan De Nul

Keppel Offshore & Marine Ltd (Keppel O&M)'s wholly owned subsidiary Keppel Singmarine Pte Ltd (Keppel Singmarine) has secured contracts from Jan De Nul Group to

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Navigation Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
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: 0.0797 sec (13 req/sec)