Mtandt Group have plans to invest Rs  70 crore over a period of two years in various verticals including enhancement of rental inventory, its servicing and refurbishing facility.
Rakesh Modi, Managing Director, Mtandt Group

Mtandt Group have plans to invest Rs  70 crore over a period of two years in various verticals including enhancement of rental inventory, its servicing and refurbishing facility.

Mtandt Group have seen sustained robust growth in current year and added new innovative products to its portfolio. The group has endured its qualitative growth path in current year 2016, despite of weakness and volatility in exchange rates, markets and an uncertain global economy.

Mtandt has come up with strong results and expects to close this financial year with annual increase in turnover by 60 per cent over last financial year 2015-16. In first two quarters of the current year the group has poised the increase in revenue by 35 per cent as compared to previous year. Looking current order status, the Group is quite confident of achieving the targeted revenue growth of 60 per cent.

Speaking about the company’s growth, Rakesh Modi, Managing Director, Mtandt Group said, “Since 1974, we have written an impressive, sustained success story. The Mtandt Group signifies real value and reliability in a world full of uncertainties. We want to get better in every aspect in 2017 and strive for taking the group to next level.”

Echoing the remarks by Modi, Pradeep Agarwal, Associate Director, Mtandt Group, said, “Our goal for fiscal year 2016-17 is to achieve further growth both in terms of volumes and in the Group’s sales revenue and operating profit.”

Modi announced, “Mtandt Group have plans to invest Rs  70 crore over a period of two years in various verticals including enhancement of rental inventory, its servicing and refurbishing facility.”
This year Mtandt Group have tied up with various OEMs to promote their innovative products in India and neighbouring markets like Sri Lanka, Nepal, Bhutan and Bangladesh.

XCMG: Mtandt will be distributing XCMG’s Hydraulic Fire Trucks upto 102 metres reach height. Construction machineries like Piling Rigs, Motor Graders, Wheeled Loaders and All Terrain Cranes are also sold and serviced by Mtandt.

Ruthmann: Mtandt joined hand with the world renowned aerial work platform manufacturer RUTHMANN for their truck mounted aerial work platform business. Through this partnership, Mtandt will have exclusive sales and service rights for entire product range of Ruthmannsteiger in India. Aardwolf Monzon: Mtandt Group, for last four decades, specialise in developing, manufacturing and supply of Innovative Scaffolding solutions under iconic brand Aardwolf Quickfit, brings first time in India ‘No Limit – The Unlimited Scaffolding Solutions’. Its unique ability to get fit into infinite combinations makes it effective, convenient and time saving to install than conventional solutions.

Porta Deck: Engineered and manufactured by Mtandt Group, Portadeck is the trusted choice for many industries – construction, drilling, mining, shoring, utility or transmission, site remediation and heavy-haul. The same features prized by these industries make Portadeck mats ideal for military applications and they can be used to create access roadways, helicopter landing pads, maintenance areas, motor pools, warehouse or hangar floors, encampments, and even mobile medical facilities.

Portadeck claims to be the strongest modular matting system Mtandt Group manufactures. Its unique composition of HDPE, UV protection, anti-static and other additives makes it non-absorbent, prevents degradation, and eliminates warping and breaking due to climate.

Mtandt has introduced innovative construction machineries like Rack and Pinion Passenger and also Material Hoists from hand-picked manufacturers around the world into the Indian market.