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.”
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