Hyderabad -based Bevcon Wayors Private Limited, a manufacturer of material handling equipment, has forged a technology tie-up with Burwell Technologies of Australia to bring in dust extraction systems and abrasive blasting systems to the Indian market. |
"We are going to establish a joint venture with Burwell in a year's span once the technologies are proven in the Indian market. We have also identified land at Cherlapally near Hyderabad for establishing a manufacturing facility," Bevcon managing director P Suneel Lakshman told Business Standard. |
Lakshman said that dust extraction and abrasive blasting systems have a huge potential in India as they are applicable to a wide range of industries including steel, fertilisers, chemicals, power, timber, minerals and cement. |
Bevcon, which is currently manufacturing bulk material handling, crushing and screening equipment for various sectors of the industry, posted a turnover of Rs 25 crore last fiscal. It has targeted to achieve a turnover of Rs 35 crore for the current year, and Rs 100 crore by 2009-10. |
Burwell managing director Geoffery R Williams said that his company wanted to set up a manufacturing base in India so as to reduce the cost of production. |
"The steel we use in the manufacture of our equipment is 50 per cent cheaper in India when compared to Australia. Similarly, the labour cost is half of what it will be in our country. Besides, we are currently buying 30 per cent of our inputs from India," he said. |
Bevcon also has a tie-up with Nergeco Australia for marketing of the latter's high speed flexible productivity doors in India. "The relationship has now grown into a full-fledged partnership, which would grow into a manufacturing tie-up in a couple of years once the business volume picks up," Nergeco managing director Paul S Rees said. |
At present, Nergeco high speed doors have been installed in various Indian industries including Orchid, Matrix, Fritolay, Perfetti and Tata Steel. Negeco doors improve insulation and traffic flow apart from protecting the thermal mattress by opening vertically, Rees added. |