Sany Heavy Industry India, a part of China based Sany Group on 12 April 2010
commissioned its manufacturing facility at Chakan in Maharashtra.
The $70-million (approx Rs 310.1 crore) facility includes a comprehensive
manufacturing set-up, product design and customisation centre, sales, renting,
service, storage, logistics & full fledged R&D centre.
It is likely to manufacture trailer-mounted concrete pumps, truck-mounted
concrete pumps, concrete batching plants and transfer mixers initially, and
excavators and backhoe loaders in the future.
This apart, the company is setting up another manufacturing facility in
Atlanta in the US, at an investment of $60 million (approx Rs 265.8 crore). Land
acquisition for a plant in Brazil, where the group plans to invest $200 million
(approx Rs 886 crore), had also commenced.