Konecranes and Larsen & Toubro (L&T) have signed a licensing agreement for the manufacturing and distribution of Konecranes port cranes in India.
L&T is a large Indian multinational company. This partnership will expand Konecranes’ footprint in this dynamic market.
The first products that have been sold under this agreement include two shipyard jib cranes that will be delivered to the Cochin Shipyard in Cochin, Kerala province.
The cranes are level-luffing, single-boom jib cranes, the first with a 75 tonne lifting capacity and 85 metre outreach, and the second with a 40 tonnes lifting capacity and 75 metre outreach.
L&T will manufacture them at its Kanchipuram factory in Tamil Nadu province using design and components from Konecranes, with Konecranes supervising the entire delivery.
The cranes will be delivered within 24 months to the Cochin Shipyard.
The agreement between Konecranes and L&T’s Minerals & Metals business unit covers manually operated Ship-to-Shore (STS) cranes, Rubber-Tyred Gantry (RTG) cranes and Rail-Mounted Gantry (RMG) cranes across Konecranes’ brand portfolio. Konecranes shipyard cranes are also included.
After-sales support will be provided by Konecranes and L&T in cooperation.
This partnership is part of a larger drive to reach the Asian market and branch out from Europe, where its goods have been indispensable to the continent’s container traffic since 1970.
The arrangement will help both L&T and Konecranes to smoothly introduce technologically superior and proven products and services to the Indian ports and shipyard market.
“This agreement will broaden the reach of Konecranes port cranes in India, a dynamic market with great potential… We are pleased that the agreement is already rolling with the shipyard crane order from Cochin Port,” said Shyam Pathak, Sales Director South Asia for Port Solutions, Konecranes.