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Atlas Copco (India) to expand product range in 50th year
A BUSINESS CORRESPONDENT
Wednesday, February 24, 2010, 16:11 Hrs  [IST]

Atlas Copco (India) Ltd, a subsidiary of Sweden’s Atlas Copco AB, plans to expand its product range in the construction and mining segment.

The company manufactures air and gas compressors, C&M and industrial tools and assembly systems, and has three facilities located in Pune, Nashik and Hyderabad. The company's air and gas compressor plant is located in Pune while the C&M plant is located in Nashik.

With an aim to expand its product range, the company is in the process of finalising product development plans in C&M segment for the next five years. The products, currently being manufactured in Japan, are to be manufactured in Nashik facility.

Meanwhile, Atlas Copco recently celebrated its 50th year of operations in India. During this time, the company has become the country's leading supplier of air and gas compressors, construction and mining equipment, and industrial tools and assembly systems.

"India is one of the most important growth markets for Atlas Copco, where we have tripled our size over the last five years," Ronnie Leten, President and CEO, Atlas Copco Group, said. "We will continue to invest in the business and in our people. By focusing on customer satisfaction, new products for Indian market and outstanding services, we will strengthen the foundation for further sustainable growth in the country.”
 
                 
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