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| Exchange Disseminated Time | Revathi Equipment Ltd has informed BSE regarding a Press Release titled "REL (Revathi Equipment Ltd) commission new manufacturing facility".
Press Release:
"Revathi Equipment, a part of the Renaissance Group, a major player in the field of Blast Hole Drill Rigs and Water Well Rigs, have commissioned their new and most modern manufacturing facility at Gummidipoondi in Tamilnadu for its Construction Equipment Division.
Speaking on the occasion, Mr. Abhishek Dalmia, Executive chairman, said “ With the Indian construction industry looking upbeat, our objective is to become a dominant player in concrete equipment segment. Our new state of the art manufacturing facility and the product range, augmented by our after-sales network will help us serve the needs of the customer better”.
Mr. K Sunilkumar, who took over as the new Managing Director & CEO of the Company, said:
"Our Value proposition is our extensive Product range backed with Technology and our Network. Another area of focus for us will be the Training for improving skill set, both internal and external, which is of paramount importance for our customers as all projects are time bound and equipment uptime is very critical for adhering to the schedules."
The new manufacturing facility set up with an investment of INR 300 Million, offers equipment for Preparation, Transportation and Placing of Concrete.
The product range includes Concrete Batching Plant for capacities 30 to 120 cbm/hr, Transit Mixers 4,6 & 9 cbm, Stationary trailer mounted concrete pumps of capacities 45 and 60 cbm/hr and Truck mounted Boom placers of Boom length 17 meters.
REL also imports and market in India Truck Mounted Boom placers of length 36 meters and stationary concrete Distributors of boom length 29 meters.
With operations in major Indian cities and along with its channel partners, REL offers to the Indian construction industry a most modern and comprehensive range in Concrete equipment backed up with an extensive after sales network." |
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