Cargotec partners with Citec
By Laura Hatton19 June 2014
Cargotec has entered into a long-term partnership with Citec, based in India, and has transferred its engineering centre in Pune, Cargotec Engineering India (CEI), to Citec.
Olli Isotalo, Kalmar president, said, “Cargotec has sought after an engineering partner in India, and Citec's solid experience and track record in working globally from India made the decision straightforward. This partnership allows Cargotec better flexibility and efficiency, while simultaneously offering great career opportunities for our 110 engineers in Pune. Our strategic intent is to continue to grow and strengthen the market position of the Hiab, Kalmar and MacGregor businesses in India.”
Martin Strand, Citec CEO, said, “This is a significant step for our operations in India, and it also provides great business opportunities elsewhere. We are ready to serve Cargotec proactively according to our strategic intent, with smart engineering solutions and a wide competence.”
Citec has more than 530 employees in India and has offices in Mumbai, Chennai, Bangalore and Pune.