Greaves Cotton inks deal with German co

CHENNAI: Mumbai-based engine and construction equipment maker Greaves Cotton has inked a technical collaboration agreement with German company Bomag to manufacture models of 19-tonne vibratory soil compactors in India. This would help in meeting the growing demand from contractors building roads, airports, dam and irrigation projects, by helping in the faster completion of compaction jobs, a company release said.

Greaves Cotton also opened a plant at Gummidipoondi, near Chennai on Friday. The new facility, set up at an investment of Rs 20 crore, will manufacture road compaction equipment. The new plant is the fourth manufacturing unit of the company���s infrastructure equipment group.