Engel doing well in India, tops in auto sector


The Austrian-based injection molding machine and automation supplier Engel says it recorded an exceptionally high level of sales in India during its 2009-2010 fiscal year, particularly for its tiebarless machines and multicomponent systems.

According to Jitendra Devila, manager of Engel Machinery India Pvt. Ltd., "Investments in high-quality machines are constantly increasing in India." Following the financial/economic crisis, Indian industry continues on a path of modernization, says Engel, with molding machine imports playing a major role in the country's recovery....
Read more