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Turkey truck parts and components supplier plans to establish plant in India
Date:2010-12-31 Source:www.chinatrucks.com
(chinatrucks.com, Dec 31, 2010) Turkey truck parts and components supplier, Galipoglu Hidromas, plans to establish a plant to produce hydraulic cylinder parts and components in Maraimalai Nagar of India.
Galipoglu Hidroma has already procured 2 acre land in India, and plans to procure 3 acre land. It is going to establish plant in India in Feb of 2011.
It is predicted that the initial annual sales revenue of Indian plant will reach 240 million Rupees and 250 million Rupees. Moreover, Galipoglu Hidromas Indian plant will import steel tube from Italy and Korea because the requirement of hydraulic cylinder production is quite higher.
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