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Mitsubishi Heavy Industries
Ltd of Japan has
agreed to license its
crane and material handling
equipment technology for
large-scale ports, including
container cranes, to Anupam
Industries Ltd, one of India's
largest overhead crane
builders, an MHI release said.
Through licensing MHI aims
to capture India's rapidly
expanding market and also
seeks to develop markets in
Asia, the Middle East and
Africa. With establishment of a
joint venture in this country
also in its sights, MHI looks to
accelerate business expansion
in these regions in a quest
to boost its overall ratio of
overseas sales.
MHI is also mulling the
establishment of a production
base in India to accommodate
demand if business expands as
expected, and to expand sales
channels for Asian, the Middle
East and Africa. In tandem with
these initiatives, MHI will further
strengthen its aggressive
marketing activities, aiming to
lift its overseas sales ratio of
cranes to near 50 per cent.
Under the agreement, initially
the licensed products will be
sold in India's domestic market
only. Specifically, MHI will
provide Anupam Industries
with technology licensing for
quayside cranes such as container
cranes and transfer
cranes, material handling systems
such as loaders and
unloaders, and steel plant
logistics systems.
Anupam Industries, founded
in 1973 and based in Anand,
Gujarat, has completed numerous
deliveries of various
cranes to the steel, power, construction,
cement, shipyard,
fertiliser, petrochemicals, and
heavy and general engineering
sectors.
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