TIL Limited (NSE: TIL) has signed an agreement with Snorkel Europe Limited to become an official Sales and Service partner in Northern and Eastern India, the Andaman and Nicobar Islands, Nepal, and Bhutan.
Snorkel will supply its vast product line, as well as knowledge and support, as part of this new cooperation while TIL will use its large network of customers in India, Nepal, and Bhutan to provide high-quality aerial work platforms, tele handles, and material lifts.
TIL has established itself as a powerful participant in the material handling, mining, construction, and defence sectors by offering individually developed solutions. TIL’s defence sector offerings have been employed for decades in India’s defence establishment’s three services. The company is well known for its retail equipment, which includes Reach Stackers, Rough Terrain Cranes, Truck Mounted Cranes, and Pick and Carry Cranes, among others.
This new relationship will allow TIL to expand into a new product area while also leveraging its large consumer base. This will expand TIL’s offerings to customers in India across a variety of industries.
Sunil Kumar Chaturvedi, Chairman and Managing Director of TIL Limited, and Craig Revell, Snorkel Europe Limited’s Business Development Director for the Middle East and India, signed the cooperation agreement. This is another milestone for TIL as it seeks to extend its product options to meet India’s growing need for bespoke equipment.
Speaking about the new partnershi Craig Revell, Business Development Director, Middle East and India, Snorkel Europe Limited says, “We are excited to have TIL Limited as our Sales & Service partner in India, Nepal and Bhutan. The brand’s legacy in the AWP sector, coupled with its highly experienced team make it the ideal partner for Snorkel in this region. We look forward to reaching new customers across TIL’s territory and bringing them the robust products that both Snorkel and TIL are known for.”
“TIL Limited is delighted to embark on this partnership with Snorkel in India, Nepal and Bhutan. Our customers have known us for highly reliable and robust products that can perform in different and demanding working environments safely. The products that Snorkel has to offer to Indian Customers are known globally for the same quality and dependability. We feel this partnership is a natural fit and fulfils the Indian markets demand for safe, powerful and versatile aerial work platforms.” mentioned Alok Tripathi Director and President of TIL Limited.
TIL’s relationship is another step towards meeting the diversified needs of its clients who are involved in the nation’s construction and defence. The move is also consistent with the company’s objective of becoming a worldwide trusted provider of technical solutions that provide long-term value to people’s and the planet’s lives. The new product line is expected to increase TIL’s revenue by approximately INR 200 crore by FY 2028.
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