Metso Corporation plans to set up engineering hubs in India
Metso | February 28, 2019
Equipment manufacturer Metso Corporation is planning to set up engineering hubs in India and internationalize manufacturing facilities here to cater to global demand. The Finland-based firm, which is in India since the past 25 years, offers equipment and services for the sustainable processing and flow of natural resources in the mining, aggregates, recycling and process industries.
"We are growing at a high rate in India across the business verticles that we are present in. We began our operations in India through exports and now we have been invested in the country to set up manufacturing facilities to cater to the local as well as international demand," company's president and CEO Pekka Vauramo said. Metso has invested more than Rs 800 crore in India so far and in 2018 alone, it invested around Rs 560 crore to strengthen its operations in the country.