Konecranes signs agreement with Larsen & Toubro

News Story
- 2 Feb 2023 ( #1113 ) - Mumbai, India
1 min read
Larsen & Toubro will manufacture and distribute Konecranes products in India
Larsen & Toubro will manufacture and distribute Konecranes products in India

Konecranes and Larsen & Toubro (L&T), a large Indian multinational company, have signed a licensing agreement for the manufacturing and distribution of Konecranes port cranes in India, expanding Konecranes’ footprint in this dynamic market.

The first products have been sold under this agreement: two shipyard jib cranes will be delivered to the Cochin Shipyard in Cochin, Kerala province.

The agreement between Konecranes and L&T’s Minerals & Metals business unit covers manually operated ship-to-shore cranes, rubber-tyred gantry cranes and rail-mounted gantry cranes across Konecranes’ brand portfolio. Konecranes shipyard cranes are also included.

After-sales support will be provided by Konecranes and L&T in cooperation.

The agreement joins two highly reputable brands in India. The arrangement will help both L&T and Konecranes to smoothly introduce technologically superior and proven products and services to the Indian ports and shipyard market. It will also support the Indian government’s Make in India initiative and, meanwhile, Konecranes will be able to grow the brand presence of its ports offering in India.

“This agreement will broaden the reach of Konecranes port cranes in India, a dynamic market with great potential. We look forward to working with L&T to build a customer base that will benefit from our specialist expertise and global service network. We are pleased that the agreement is already rolling with the shipyard crane order from Cochin Port,” says Shyam Pathak, sales director South Asia for port solutions, Konecranes.

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