L&T ties up with Swedish firm Scania
The engineering and construction company will distribute Scania's entire range of multi-axle trucks in India.india Updated: Sep 11, 2006 11:47 IST
Engineering and construction company Larsen and Toubro Ltd on Monday said it has entered into an agreement with Swedish heavy vehicle major Scania to distribute its range of multi-axle trucks in India.
L&T said the heavy-duty trucks, in the 300-500 hp range, would cater to the needs of the construction and mining sectors and would also complement the company's range of hydraulic excavators, which are widely used in mining and construction projects.
Scania is a leading producer of trucks of capacities exceeding 16 tonnes, heavy-duty buses and engines for mining, power generation and marine applications.
In a filing on the Bombay Stock Exchange on Monday L&T said the alliance with the Swedish firm would further strengthen the company's presence in the mining and construction sectors.
L&T's offerings to these sectors include a broad range of hydraulic excavators, loader backhoes, aggregate crushing systems, stacker-reclaimers and surface miners.