Yorkshire manufacturer announces plans to expand Indian operations
A South Yorkshire manufacturer has today announced that it is expanding its operations in India.
Macalloy, based in Dinnington, produces tensioning bars, tie rods and cable systems, and has joined the India Growth Champion Scheme run by Sheffield City Region with UKIBC.
The company, which is celebrating its 100th anniversary this year, is aiming to increase its connections with India and secure new opportunities with infrastructure partners.
Macalloy currently has an Indian distributor based in Chennai. Through the India Growth Champion Scheme Macalloy also plans to appoint a new Indian agent and to potentially create a full time sales agent position to further expand its market.
Peter Hoy, managing director at Macalloy, commented: “India is a key market for us and one where we see huge growth potential because of the major infrastructure projects planned here in the next few years.
“The India Growth Champion Scheme should help us to open more doors and to get in front of the right people to secure a greater number of product specifications for the Macalloy Bar.
“We manufacture everything we sell at our factory in Dinnington and currently around 85 per cent of our product is exported.
“We are really excited about the possibilities to extend our market further in India and to maximise on the major bridge building projects there.”
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
Global event supercharges North East screen sector
Is construction critical to Government growth plan?
Manufacturing needs context, not more software
Harnessing AI and delivering social value
Unlocking the North East’s collective potential
How specialist support can help your scale-up journey
The changing shape of the rental landscape
Developing local talent for a thriving Teesside
Engineering a future-ready talent pipeline
AI matters, but people matter more
How Merseyside firms can navigate US tariff shift
The importance of human insight in an AI world