Finnish equipment manufacturer Metso plans to grow its capacity in India by 35% by the end of 2018, as per news records.
This decision has come in response to increasing demand for aggregates equipment on the subcontinent.
Kamal Pahuja, vice president of Metso India, said, “There is large-scale investment in road and commercial aggregate in India. During the next couple of years, for example, the road sector aims to increase road building to more than 40km a day. In addition, the demand for ballast required for railway projects is increasing, as well as the need for manufactured sand and classification of sand.”
Markku Simula, president of the aggregates equipment business area at Metso, added, “Demand for aggregates crushing and screening equipment has been very strong, and India, with its rapidly developing infrastructure, is one of the fastest growing markets in aggregates.”
The Metso Park factory in Alwar, India, began operations in 2012 and is now one of the company’s largest global production sites, delivering a range of equipment, from the Nordwheeler crushing and screening plant to equipment for mining.
With this investment, Metso said it aimed to meet its customers’ growing needs, not only in terms of capacity but also in terms of the range of available products, and it was looking to develop its export operations in Asia.