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Home arrow News arrow Business News arrow LiuGong India Pvt. Ltd. inaugurates manufacturing facility in Pithampur, M.P.
LiuGong India Pvt. Ltd. inaugurates manufacturing facility in Pithampur, M.P. Print E-mail
Written by Subash   
Thursday, 09 July 2009
Indore: LiuGong India Private Limited, a subsidiary of Guangxi Liu Gong Machinery Company (China), has inaugurated its new manufacturing facility for heavy earth moving machines & construction equipment at Pithampur, Madhya Pradesh.

The facility, set up on a 44 acre plot which is around 38 km from Indore, was inaugurated by Madhya Pradesh Chief Minister Shivraj Singh Chouhan. Union Minister of State for Heavy Industries Arun Yadav and state Commerce and Industry Minister Kailash Vijayvargiya were present at the function.

Guangxi Liu Gong Machinery Company Chairman Wang Xiaohua and LiuGong Group Chairman Zeng Guangan were also present along with other senior officials of the company.

The facility has been set up with an initial investment of approx Rs 175 crore (35 million USD). According to sources, the company is understood to have plans to further invest Rs 325 crore in the state.

The modern state of the art manufacturing facility, set up over an area of 1,77,000 Sq.m,  at Pithampur Industrial Area near Indore MP, is LiuGong’s first factory outside China.

It is expected that the new factory will begin by manufacturing wheel loaders and gradually will assemble/manufacture the full range of LiuGong products in India, which include Crawled Excavator, Backhoe Loader, Road Equipment etc.This plant will initially produce the popular Liugong wheel loaders from 1.5-8Ton range, which have a sizeable presence and demand in India.

Further expansion of Phase II & III will produce other products such as Hydraulic Excavators, Motor Graders & Soil Compactors from the comprehensive Liugong range of construction machinery. 

The products are also expected to be exported to other South Asian countries or even middle east and Africa.

The 5 ton wheel loader is one of the leading products of the company and occupies a significant market share in the segment.

The company had signed a Memorandum of Understanding with Madhya Pradesh Trade and Investment Facilitation Corporation on October 27, 2007 at the Global Investors Meet at Indore and land was allocated on April 24, 2008. LIPL was registered as an Indian company on 14th August 2007.

Liugong products have been sold and serviced in India since January 2003 and currently over 800 machines are in operation in various construction, mining and earth moving applications.

Last Updated ( Tuesday, 14 July 2009 )
 
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