In order to broad base and strengthen our presence in the aggregate crushing market, we acquired IP and technology of NAWA Engineers & Consultants.
N Sivasubramanian, Managing Director, Thyssenkrupp Industries India

  Thyssenkrupp Industries India, part of the Industrial Solutions business area of the Thyssenkrupp group, and one of the leading EMPCS (Engineering Procurement, Manufacturing, Construction and Services) companies in India, announced acquisition of NAWA Engineers.

Thyssenkrupp is not only in big mining but is also present in the small quarry operations. “In order to broad base and strengthen our presence in the aggregate crushing market, we acquired intellectual property (IP) and technology of an Indian company namely NAWA Engineers & Consultants (P) Ltd,” revealed N Sivasubramanian, Managing Director, Thyssenkrupp Industries India while interacting with B2B Purchase on the sidelines of IMME 2016.

Hyderabad-based NAWA Engineers is one of the leading manufacturers of crushing and screening, bulk material handling, and aggregate plants and equipment in India. Thyssenkrupp has acquired the intangible assets of NAWA Engineers that includes IP, designs, technologies, and trademarks. “We believe that the aggregate market in India is growing very rapidly due to huge thrust on infrastructure development. That’s the big market for us,” said Sivasubramanian.

Commenting on the significance of Indian market for Group’s business, Christof Brewka, Head of Operations Unit Materials Handling, ThyssenKrupp Industrial Solutions said, “Our Indian subsidiary is a strong contributor to our Group’s business and we have big plan in India for the future. We believe that Indian business will have a strong role to play not only for the Indian market but also with export capabilities.”

Making India a manufacturing hub
“We are trying to promote India more and more as a manufacturing base for our global customers. China has played this role in the past years. We are convinced that India has a lot of thing to offer. We have an excellent footprint in the country and we would like to make more use of that,” said Christof.

While answering to a question on the timeline set for making India a manufacturing hub for the company, Christof said that the process is already started. “We have already started doing it in component level and we have much bigger plans for the next 2-3 years,” he adds.

Sivasubramanian adds, “We have two large facilities in India manufacturing – one in Pune and another one in Hyderabad.  Depending on the global market movement, we can expand these facilities.”