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Home arrow News arrow Business News arrow Sandvik Group celebrates 50 years of operations in India
Sandvik Group celebrates 50 years of operations in India Print E-mail
Written by Subash   
Friday, 22 January 2010
Hyderabad: Sandvik Asia Limited, the Indian subsidiary of the Swedish Sandvik Group, has entered into its 50th year of operations in India. The company was established in 1960 on the invitation of Pandit Jawaharlal Nehru, India's first Prime Minister aiming industrial development in the newly independent India.

The company now has 2000 personnel across manufacturing facilities located in Maharashtra (Pune and Chiplun), Gujarat (Mehsana), Andhra Pradesh (Patancheru/Hyderabad) and Tamil Nadu (Hosur) with offices spread across the country. The company has lined up a series of events and activities through the year to commemorate its golden jubilee year.

As part of Golden Jubilee celebrations, various programmes have been organized at manufacturing facilities located in Maharashtra (Chiplun), Gujarat (Mehsana), Andhra Pradesh (Patancheru/Hyderabad) and Tamil Nadu (Hosur) to reach out to the community.

"Our golden jubilee is a special occasion for us. Sandvik's relationship with Andhra Pradesh, India and its phenomenal growth during the last decade has a place of privilege at the Group Head Quarter at Sandviken, Sweden. Today, our Indian operations contribute significantly to Sandvik's global footprint in not just manufacturing but R&D, sourcing and marketing," said Mr. Hakan Kingstedt, Managing Director & President, Sandvik Asia Limited.

Sandvik has centers in India for R&D and modelling, engineering, design and development as well as recycling.

Sandvik Asia has grown to be one of the important subsidiaries of Sandvik Group. It supports the business growth in the international market with supply of products, processes and people. Sandvik Asia Limited registered a turnover of Rupees 18637 Million in 2008 .

 
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