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Company News, 2019-07-11

thyssenkrupp inks pact with Gainwell to strengthen its presence in Indian aggregates market


thyssenkrupp Industries India today announced that it has entered into an exclusive distribution agreement with Gainwell, a leading distributor for construction, mining and power Solutions having a strong presence in the North, East and Northeast region of India. The exclusive partnership with Gainwell will empower thyssenkrupp to strengthen its presence and to deliver its full range of crushing equipment and plants along with comprehensive services to customers in these regions.

thyssenkrupp is expecting to capture a significant market share through this distribution agreement. As a part of this agreement, Gainwell will be responsible for sales and product support (parts and service) for all aggregate crushing equipment and plants manufactured by thyssenkrupp Industries India.

Vivek Bhatia, Managing Director and CEO of thyssenkrupp Industries India: “We see enormous infrastructure growth potential in the East, North and Northeast region of India. In order to strengthen the offerings for our customers in these regions we see Gainwell as a very strong partner to support us. The collaboration aims at offering high-quality solutions backed by strong after-sales service for our machineries and spare parts.”

“We are glad to be associated with a company like thyssenkrupp which has proven global expertise in machine manufacturing for more than 200 years. We are confident that our services coupled with thyssenkrupp engineering and manufacturing expertise will offer need-based solutions to the aggregate industry”, said Sunil Chaturvedi, Chairman and Managing Director at Gainwell Commosales Pvt. Ltd.

About thyssenkrupp Industrial Solutions
The Industrial Solutions business area of thyssenkrupp is a leading partner for the engineering, construction and service of industrial plants and systems. Based on more than 200 years of experience we supply tailored, turnkey plants and components for customers in the chemical, fertilizer, cement, mining and steel industries. As a system partner to the automotive sector we develop highly specialized solutions to meet the individual requirements of our customers. Around 16,000 employees worldwide form a global network with a technology portfolio that guarantees productivity and cost-efficiency to the highest extent possible.

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About Gainwell Commosales Private Limited
Gainwell Commosales Private Limited (Formerly Tractors India Private Limited) has been a trusted partner for its customer in the Construction, Mining and Energy Transportation sector for the last 75 years, operating out of East & North India as well as in Bhutan and in Nepal through the wholly owned subsidiary Tractors Nepal Private Limited (TNPL). Gainwell has been engaged in supporting growth of infrastructure in India through comprehensive and technologically advanced product line of Caterpillar in Construction, Mining and Energy & Transportation sectors. In its endeavor to provide comprehensive ‘Solutions for Growth’ to its customers in infrastructure and mining space, Gainwell has nurtured close and mutually rewarding partnerships with multiple global OEMs. Gainwell has expanded its presence in Railways, Defence, Oil and Gas and underground mining sectors in recent years and have established itself as a manufacturer of high end machines for global markets. Providing end to end and full-spectrum maintenance services to customers across various sectors and with state of the art facilities spread across India, Gainwell’s highly skilled and trained service team delivers unparalleled support to help customers build a new India.

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Press contact:
thyssenkrupp India
Raghunath K
Head of Communications
thyssenkrupp India
Tel: +91 9819075703
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