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TIL inaugurates Unit-1 of port and construction equipment facility in WB

TIL Ltd. | Construction Vehicles | Capital Goods & Industrial Consumables | BSE: 505196 | NSE: TIL

19 Nov 2011 Evaluate

Leading manufacturers and marketers of cranes, Tractors India’s (TIL), Unit-1 of its port and construction equipment facility at Changual in Kharagpur - West Bengal has been inaugurated by Minister of Commerce and Industry - Government of West Bengal - Partha Chatterjee, who has also laid the foundation stone at Vidyasagar Industrial Park in Kharagpur-West Bengal for the upcoming crane and reachstacker factory of TIL.

The proposed plant in Vidyasagar will make reachstacker and forklift trucks in association with Hyster- USA and manufacture cranes in collaboration with Manitowoc - USA which will be in addition to the existing plant in Kamarhatty, Kolkata. In Vidyasagar, TIL will also have state-of -the- art training facility and equipment refurbishing facility.

At Changual the Unit-1 of port and construction equipment facility, TIL will roll out crushing and screening products for aggregate and mining applications under license from Astec Aggregate and Mining Group, a part of Astec Incorporation - US. Also made under license will be the double barrel hot mix asphalt plant again in partnership with Astec INC. The plant will also make Rubber Tyred Gantry Cranes in technology partnership with Paceco Corp, a part of MES - Mitsui Engineering and Ship Building - Japan. The state of the art facility in Changual has been designed using concepts of demand flow technology and lean principles.

Out of the 270 acres of land approximately 165 acres is in Changual and 104 acres is in Vidyasagar Industrial Park. The project is proposed to be completed in four phases between 2011 and end 2015.

After Phase 1 roll out, the proposed plans for the next phases are - Phase2 - Crane factory. Partner: Grove/ Manitowoc; Completion 2013, Phase 3 - Reach Stacker Factory. Partner: Hyster, a part of NMHG Group; Completion 2014, Phase 4 - Expansion of factory at Changual and port equipment facility at Changual. Partner: Mitsui Engineering & Shipbuilding - Japan; Completion 2015 end. The total investment envisaged -Rs 600 crore till completion of all four phases.

TIL will also offer substantial benefits, such as - providing training - both theoretical and on the job to employable youth with basic education from the families of the land sellers and villagers in that area to enhance employability.

TIL operates through three strategic business groups - material handling solutions, construction and mining solutions, power systems solutions having a well connected network of offices, factories and product support centres in the country and overseas offices in Nepal and Bhutan. TIL have long term technical and strategic alliances with leading Equipment manufacturers in the world- Caterpillar Inc, Manitowoc crane Group, USA Famak S.A, Poland and Paceco Corp, USA.

TIL Share Price

207.75 5.55 (2.74%)

10-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
BEML	1620.10
Action Const. Equip	909.25
Sanghvi Movers	297.45
TIL	207.75
Brady & Morris Engg	799.40
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TIL inaugurates Unit-1 of port and construction equipment facility in WB

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