Schwing Stetter To Be Export Hub For German Parent

Schwing Stetter India, the Chennai-based construction equipment manufacturer, is planning to become the export hub for its German parent.

The company feels that it can be a sourcing base for exports to the Middle East, South Asia and Asia pacific. The company is also expecting a two-fold increase in its turnover by the end of the year 2002.

A Sundaresan, managing director, Schwing Stetter India said,