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Bengal Tools to enhance tie-up with Sifang
 
Bengal Tools to enhance tie-up with Sifang
Bengal Tools Ltd, a Shrachi Group company, has announced plans to strengthen its marketing and technology tie-up with Zhejiang Sifang Group, Chinas largest manufacturer of power tillers. The $120-million Chinese corporation, which is engaged in agricultural machinery, export-import trade, and real estate development, has not ruled out a manufacturing joint venture with Bengal Tools, as well. The group sees huge potential for its pull-drive power tillers in India, highly suitable for rice cultivation in small-sized lands. Lin Guangpin, president, Zhejiang Sifang Group Corp, said that the Sifang-made Shrachi power tillers, marketed by Bengal Tools Ltd, had recorded a 30 per cent sales growth, and that Bengal Tools was now among the top international dealers of Sifang. Bengal Tools has two assembling units, one in Dum Dum-Kolkata, and the other in Bangalore. The Sifang Group Corp, founded in 1961, is one of the leading Chinese enterprises, which specialises in manufacture of walking tractors and other farm implements.
Posted On : 9/1/2005 4:35:44 PM

 
 
 
Bengal Tools to enhance tie-up with Sifang