Indlift employs 18 staff and has operations in Mumbai, Khandla, New Delhi, Vizag and Bangalore. The previous owner of Indlift, Vijay Kumar, will be managing director of Kalmar India.
Christer Granskog, president and CEO of Kalmar Industries, said: “This acquisition fits in with Kalmar’s strategy of boosting its direct involvement in sales and services in its major markets.
“Kalmar has enjoyed a successful partnership with Indlift. The company’s longstanding experience and dedication to customer service will form a basis from which Kalmar can establish its own operations in India.”
According to Kumar, Kalmar’s investment in India marks its commitment to playing an integral role in the development of the country’s port industry: “India is opening up and becoming a key growth market for container and heavy materials handling equipment and related services. With the acquisition of Indlift, Kalmar will be well placed to bring the best available technology, service and support to its customers in India.”
Total container volume is estimated to be more than 4 million TEU in 2005, continuing the 10% average growth trend of recent years.
Kalmar has around 200 Kalmar machines – ranging from RTGs and reachstackers to terminal tractors and FLTs – working in India’s ports and terminals industry.
