Current Date: 23 Nov, 2024

Gainwell, Etnyre Partner to Build Machines for India

Gainwell Commosales, a leading engineering solutions provider, has entered into a strategic partnership with Etnyre International, a prominent US-based equipment manufacturer. This collaboration aims to address the increasing infrastructure maintenance demands in the country.

Located in Pune, Maharashtra, Gainwell's state-of-the-art plant, with a phased investment of Rs 135 crore, is set to commence component manufacturing by mid-next year. The facility will play a pivotal role in meeting Etnyre's global requirements and significantly contribute to expanding Gainwell's manufacturing portfolio. This initiative aligns with India's vision to position itself as a key player in the global manufacturing landscape, fostering growth and innovation.

The collaboration reflects the conducive environment created by India's steadfast commitment to infrastructure development. The Pune plant will produce high-quality machines adhering to international standards, serving both domestic needs and catering to export demands across various countries. This not only underscores India's manufacturing prowess but also signifies a proactive approach to reduce dependence on imported capital goods.

With a legacy dating back to 1944, the Gainwell Group has been a reliable solutions provider in the construction, railways, and mining industries. This strategic partnership reinforces their commitment to excellence and sustainable development in engineering solutions.

News by Rahul Yelligetti

Source : Projxnews