Sweden-based Euro 7.8 billion heavy vehicle major Scania has entered the Indian construction equipment market with the launch of its multi-axle tipper truck. |
The company has entered into a distribution agreement with Larsen & Toubro Ltd (L&T) exclusively for the Indian market. |
To begin with Scania will sell its P380 CB 8X4 multi-axle tipper truck for mining applications in India and later expand its product range depending on the market response, Mikael Kyander, sales director, Scania said. |
Under the agreement, L&T will import the tipper chassis from Scania and the body will be built by Hiva, a body building company based in Mumbai, he said. |
The tipper truck was launched at Excon 2007, the ongoing international exhibition of earthmoving and construction equipment on the outskirts of Bangalore. |
"In India, as in many other countries, small-scale mining is expanding. Mine operators are increasingly investing in trucks instead of the larger, more capital-intensive transport vehicles traditionally used," Kyander told Business Standard. |