Tata International signs MoU with Puzzolana Group
March 26, 2017
Tata International (TIL) signed a Memorandum of Understanding with Puzzolana Group, a construction equipment manufacturer based in Hyderabad, Telangana, India. The tie-up was signed by Mr Len Brand, Head, Distribution and Executive Director, Tata Africa Holdings, and Mr Prakash Pai, Managing Director, Puzzolana Group, on March 26, 2017.
As part of the agreement, TIL will be the distribution partner for Puzzolana’s crushing and screening business in the African continent.
Sharing his thoughts on the association, Mr Brand said, “This is the foundation stone in the Tata-Puzzolana partnership and we look forward to combining our industry knowledge with Puzzolana’s product range to offer a ‘one-stop-shop’ for infra and mining customers.”
“We are market leaders in India with an approximate 60 per cent market share and now our products will get the necessary fillip abroad, across various geographies of Africa, Middle East, South East Asia and both South and North America,” Mr Pai said. “The opportunity in Africa through this tie-up is worth USD 10 billion.”
The Puzzolana Group is a pioneer in infrastructure machinery manufacturing and offers comprehensive solutions across design, manufacture, supply, installation and commissioning of crushing and screening plants on turnkey basis.