Kennametal India (KIL) has received an approval for the merger of WIDIA India Tooling, wholly owned subsidiary of the company with itself. This merger will enable KIL to streamline the Go-To market model and enhance its relevance to its customers in India by offering full range of solutions from Kennametal and WIDIA branded products. The merger enhances company’s market coverage, reach to customers and brings in techno-commercial synergies to service its customer requirements in a more effective manner. The Board of Directors of the company at their meeting held on December 4, 2020, has approved the same.
Kennametal India is a leading manufacturer of hard metal products and machine tools for the manufacturing industries.
