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Zarges forays into Indian markets

HYDERABAD: Zarges GmbH, a Germany-based leading quality vertical access and logistic equipment manufacturer, has announced the launch of its range of aluminium products in the Indian markets. The company, as part of its expansion plans, announced the setting up of a manufacturing facility with an estimated initial investment of five million Euros. The company, with turnover in excess of 250 million Euros, has appointed Hyderabad-based Jayakrishna Aluminium as an exclusive distributor for India for its products. Zarges Managing Directors, Dieter Reis and Bernd Goepfer, told reporters that the company, specialising in wind power and airport technology equipment, was expecting revenue of 20 to 25 million Euros in the next two years.

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