Elematic to serve growing market of precast in India

In addition local manufacture of molds and steel structures will start in 2014. The company’s services will be available also for customers in other market areas with similar needs.

The contract for the new Elematic India Pvt Ltd, was signed on October 2013, after Mr Chander Dutta had combined the Elematic operations of Servicemasters, and DDIPL (Dutt Design), into one company and sold the majority of it to Elematic.

Increasing local presence in emerging markets is one of the strategic targets of Elematic, and integrating Elematic India Pvt Ltd to Elematic Group of companies is fulfilling the set target in India, one of the major emerging markets for precast.

As before, all Elematic key machinery will be manufactured in Finland.

Mr Dutta will hold the position of the Managing Director of the new company.