L&T, Scania tie up to bag large pie of const equipment market

摘要

To start with, L&T would distribute Scania's 8 X 4 multi-axle tipper trucks for the Indian mining industry. Currently, other three global heavy-duty vehicle majors Volvo, Daimler and Tatra are dominating the Indian market in this class of tippers. The total market size of these tippers stood at around 650 units in 2006 and is expected to increase to 1,000 units in 2007, JP Nayak, member of the board and president (machinery & industrial products) of L&T said after launchingthetruckatExcon2007, a CII organised Indian construction equipment and technology trade fair in Bangalore.