Responsive Image Banner

Mtandt makes US$30 million Dingli investment

Premium Content
Dingli oil-free series Dingli recently launched a range of fully oil-free machines, comprising six electric scissor lifts and vertical mast lifts with no hydraulic oil and working heights of 5m to 16m (Photo: Dingli).

India-based Mtandt Group is to invest US$30 million in boom and scissors lifts from Dingli as part of its 2022-2023 expansion strategy.

The company, which is based near Chennai in the south of India and holds a leading share in the Indian and SAARC markets, has been renting and selling Dingli aerial platforms for more than 15 years.

Its investment, which is thought will amount to around 700 aerial platforms, comes as manufacturer Dingli appoints Sachin Raj Desai - the former business development manager for Husqvarna Group - as its new director for SAARC countries and establishes a new branch in Chennai.

Mtandt, which has also brought in a new team under that will be led by CEO Ramesh Srinivasan, said that with the strengthening of Dingli’s sales and service support in the region, it was “proud and confident of its association with Dingli”.

STAY CONNECTED


Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

Sign up

Latest News
CTE announces new leader in Spain
New team member was previously at Oil & Steel for 14 years and will cover Portuguese markets
Emeco confirms discussions with potential buyers
Confirms press reports about several potential buyers
Instagrid announces Asian rental partner
Portable battery power company finds Singapore partner
CONNECT WITH THE TEAM
Murray Pollok Editor, International Rental News Tel: +44 (0)1505 850043 E-mail: [email protected]
Lucy Barnard Editor, Rental Briefing Tel: +44 (0)1892 786 241 E-mail: [email protected]
Ollie Hodges Vice President, Sales Tel: +44 (0)1892 786253 E-mail: [email protected]
CONNECT WITH SOCIAL MEDIA
International Rental News newsletter

Rental Intelligence — When You Need It, How You Need It

Stay ahead with industry trends, expert insights and global news — in your inbox.

Sign me up