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News ThyssenKrupp to build procurement centre for engineering business in India

ThyssenKrupp to build procurement centre for engineering business in India

Written by Global Cement staff 17 July 2019
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India: Germany’s ThyssenKrupp plans to build a procurement centre for its engineering business in India. Marcel Fasswald, the chief executive officer (CEO) of ThyssenKrupp Industrial Solutions, said that the company is trying to reverse its poor performance in 2018, according to Reuters. He views the cement and mining industries as key drivers of the company’s growth in India as state-backed infrastructure projects take shape. He added that India had cost benefits that made the country a preferred location for the project.

Last modified on 17 July 2019
Published in Global Cement News
Tagged under
  • India
  • Germany
  • ThyssenKrupp
  • ThyssenKrupp Industrial Solutions
  • GCW414
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