Visits are part of Astec’s initiative to expand its presence in India.
Four U.S.-based companies of Astec Industries Inc., headquartered in Mequon, Wis., recently hosted senior executives of Tractors India Ltd. (TIL) to further cooperation initiatives and strengthen Astec’s market position in India.
From left: Ali Khan, marketing/sales director, Astec Aggregate & Mining; Jeff Elliott, president, JCI; Somnath Bhattacharjee, president, material handling solutions equipment & project solutions business, TIL; Joe Vig, group vice president, Astec AggReCon; and Dave Schmidt, plant manager, JCI
Visitors to Astec’s operations included Sumit Mazumder, vice chairman and managing director, and Somnath Bhattacharjee, president of the material handling solutions equipment and project solutions business at TIL.
TIL is an authorized licensee for manufacturing, sales and distribution of Telsmith, KPI-JCI, Astec Mobile Screens and Astec Inc. equipment in India.
The guests visited the Telsmith factory in Mequon, Wis., Kolberg-Pioneer’s Yankton, S.C., facility and Johnson Crushers International’s Eugene, Ore., plant. The visitors also toured Astec Inc. and Heatec plants in Chattanooga, Tenn.
Strategic discussions included new product review, training, cooperative manufacturing and key marketing initiatives to assure success in India.
“TIL’s solid reputation in the market as a leading manufacturer of high quality material handling equipment with superior customer and after-sales support allows us to build and expand our brand presence in this important market,” said Joe Vig, group vice president of Astec AggReCon. “TIL’s vast distribution network will enable Astec to deliver customized door-to-door support for our clients in India.”
Astec Industries manufactures equipment for asphalt road building, aggregate processing, pipeline and utility trenching, oil, gas and water well drilling and wood processing.
“We have very optimistic plans for the Astec group of crushing and screening and hot mix plants in India,” said Mazumder. “This visit is an important step in strengthening our partnership as it allows us to review our business strategy for India and capture best practices used by the Astec group, which can be localized and implemented for the benefit of customers in India.”
“Astec’ brand represents a strong brand deliverable in terms of product quality and performance. Astec’s robust product design, features and technology are versatile and adaptable to the Indian customer usage,” noted Bhattacharjee.
“With a continued growth of an Indian economy projected at 7 percent in 2013 and its booming crushing and screening market, we see India as an important component of our overall global expansion strategy,” noted Rick Patek, group vice president of the Astec Aggregate & Mining.
“The Indian government’s 12th fivw-year plan’s objective to invest $600 billion in the infrastructure segment highlights the growing construction and aggregate needs in India. We look forward to responding to these ongoing needs by providing localized application solutions to end-users in the market,” Patek added.