Zoomlion(000157.SZ) Ties up with Universal Construction

   Date:2011-12-13     Source:puchangpingqulina

China-based Zoomlion Heavy Industry Science and Technology Development Co., Ltd. (000157.SZ) has tied up with Pune-based Universal Construction Machinery and Equipment Ltd for distribution, marketing and servicing of its concrete pumps in India.

Zoomlion’s product range includes concrete machinery, mobile cranes, environmental and sanitation machinery, construction hoisting machinery, earth moving and port machinery and special vehicles. The product domain includes 13 categories, 28 series and over 415 varieties of products.

Mr Patrick Hei, Vice-GM of Zoomlion’s overseas business unit, said, “Depending on the demand for our products, very soon we are planning to set up an assembly line in Universal’s Pune factory for Trailer Concrete Pumps.”

Mr Ranjeet More, Managing Director, Universal, said, “We have more than 75 dealers across India and are also strong in rural areas.”

Formed in 1992, Zoomlion is listed in China and now has nearly 30,000 employees. It has production bases in Hunan, Shanghai, Shaanxi in China as well as Milan in Italy. (by Alka Kshirsagar)

 

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