Finland-based Metso Outotec has announced it will invest in extending its current manufacturing capacity of mobile track-mounted crushing and screening equipment in Alwar, India.
The company says its production value in India is planned for 30 percent growth from the current level and global track-mounted mobile machine capacity will be raised by 15 percent. Construction of the new factory facilities is planned to start in early 2022 and be completed by the end of next year.
The increased capacity in India will be used for the manufacturing of McCloskey mobile and Lokotrack equipment, employing approximately 200 additional people, says the firm. After the extension is completed, the Alwar factory will be one of the biggest manufacturing sites of Metso Outotec, employing approximately 800 people.
“This is another step in developing our domestic and export business in India,” says Markku Simula, president of the Aggregates business area of Metso Outotec. “At the same time, we are also investing significantly in engineering and R&D resources in Alwar and making it one of our global engineering hubs.”