The Finnish company targets to sell around 100 units per annum of the new offering, Konecranes global president and chief executive Pekka Lundmark told reporters here.
Sounding bullish, Lundmark said this market has seen signs of improvement and the company is expecting better growth next fiscal.
The new model will be rolled out from the existing plant near here which has a capacity to produce 1,000 units p.A.
"The CXT UNO is important for us because it expands our product offering into a category where we haven't been present before," vice-president and head of business crane product line Jukka Paasonen said.