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Thursday, April 26, 2012

Hyundai Construction Equipment opens fifth facility in Tamil Nadu

Pune: Hyundai Construction Equipment India Pvt. Ltd. (HCEIPL), a subsidiary of Hyundai Heavy Industries, today inaugurated a 3S facility at Puddukottai in Tamil Nadu to cater to the needs of the fast growing market in the south Indian state.

Being the fifth such facility, ‘Shristi Construction Equipment’ is a dealership of HCEIPL, which will cover areas like Puddukottai, Tanjore, Sivagangai and Tiruvarur.

Shristi Construction Equipment, which covers 14 districts, provides sales and services of excavators and rock breakers ranging from eight tonne to 80 tonne. The location of Shrishti's branches is positioned in such a way that each one can cover 50kms radius from the hub point and about three districts. With its head office in Madurai, Shristi has three branches in Tirunelvelli, Coimbatore and Nagercoil enabled with 3S options, a release said.

Dheeraj Panda, Head - Marketing & Key Account Management said, "The opening of the 3S facility in Puddukottai underlines our commitment towards developing and expanding our operations in the Indian excavator and backhoe loader business. Excavators in this territory are employed majorly for Blue Metal quarry (black stone) and granite quarry applications. Tanjore and Tiruvarur are major hubs for agriculture and the backhoe loader segment dominates this region. Hence, South India is one of our key markets and this facility will not only cater to larger markets but also help us meet the demands of this market."

"Shristi Construction Equipment is one of our most valuable dealers in India. They are growing at the rate of five percent annually and HCEIPL is confident that it will capture 25 percent of the total market share within its territory," he added.

About HCEIPL

Hyundai Construction Equipment India Pvt. Ltd., a subsidiary of Hyundai Heavy Industries, Korea, has revolutionized the Construction Equipment business in India with its cutting edge technology in Excavator market and aims to be the market leader in terms of customer delight and market share. It has grown to a position of strength in three years since its inception in 2008 to an admirable and enviable player in the construction equipment industry.

Set up over a 50 acre land at Chakan near Pune in Maharashtra in a lush green surrounding with an initial investment of Rs. 300 crore in 2007, the state of the art manufacturing facility boasts of best in class technology, churning out world class products.

Hyundai (HCEIPL) is headquartered in Pune and has four Regional Offices at Delhi, Calcutta, Hyderabad and Mumbai overlooking sales & service through its strong 24 dealerships across every state in India. The dealerships are aptly supported by Sales and Service centers ensuring customer centric service and maximum uptime to customers. Each region has a Warehouse for its immediate requirement whereas the mother warehouse in Pune works as a feeder.

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