New Delhi, Oct 26 (IBNS): British company Hitex International Group and Indian company Trans Metalite India Ltd are working together to offer road maintenance, safety and marking solutions for the Indian market.
The British High Commission is celebrating the launch of a partnership between Hitex International Group and Trans Metalite India Ld at a reception in New Delhi.
The two companies have set-up a manufacturing plant at Bawal in Haryana, where they will continue their work to address the challenges of road repair and maintenance in India with a view to developing solutions to tackle these challenges. This includes arresting cracks and potholes, developing anti-skid treatments, and extra-bright and longer-lasting retro-reflective road markings.
Anthony Cooper, First Secretary, Trade & Investment, India. British High Commission, said: "This partnership between the British company and Indian company celebrates the spirit of GREAT for Collaboration and Make in India, an exciting new campaign that inspires new partnerships and highlights the scale of the UK’s commitment to India. We are glad that the UK can use its expertise to provide solutions for road maintenance in India."
Finn Goff, Group Commercial Director, Hitex International Group said: “Hitex International Group are very proud to be launching our newest Joint Venture, Metalite Hitex Group this evening. It was October 2013 when I first visited India and in the preceding two years we have gained invaluable knowledge regarding the unique and often complex difficulties facing the Indian infrastructure network."
"Very early it became apparent that the greatest chance of success lay in developing an Indian solution to an Indian problem. Forcing a product or system of working from Europe into the Indian market and infrastructure network was doomed to fail. To that end we sought a partner here in India that could enable this to happen and were very lucky to begin working with Trans Metalite India.”
“Our combined vision is to deliver high quality solutions and innovative road surfacing systems to the Indian highways construction and maintenance industries. We do not see this as the end of the process and hard work but merely the beginning and very much look forward to working in conjunction with Trans Metalite for many years to come,” Goff said.
Vikas Jalan, Managing Director, Trans Metalite India Limited said: “In line with the vision of our Founder Mr.Vishwambhar Jalan, Metalite took a decision about a couple of decades back to introduce new technologies into the country, which would help mankind, and through sustainable development contribute to reducing the carbon footprint as well. At the time when there was massive construction initiated in the roads and highway sector, we decided to get new processes, equipments and materials to enhance the effective life of the road surface with minimal intervention, thus reducing the lifecycle cost substantially. To this end, we kept on introducing small safety and guidance products. Eventually, after having mega success in Delhi and Jaipur, with preventive maintenance of roads, we met Hitex. We are glad to partner with Hitex International ,we see the synergy between our companies with the complementary services we could jointly offer the roads sector."
Bitcoin price touches more than 4 pc up, now surpassing $51,000 Mon, Mar 08 2021
IndiGrid signs power transmission deal with Sterlite Power AUM to leapfrog to over INR 200 Bn Sat, Mar 06 2021
Kotak Silk launches Eduseries for financial independence of women Sat, Mar 06 2021
GRSE fulfilling orders ahead of schedule despite pandemic challenges Fri, Mar 05 2021
Indian Market: Sensex down 440.76 pts Fri, Mar 05 2021
ICICI Bank reduces home loan interest rate to 6.70% Fri, Mar 05 2021
Indian market: Sensex down 215 pts Fri, Mar 05 2021
Indian Market: Sensex spurts 1147.76 pts Wed, Mar 03 2021