March 15, 2012
Foundation ceremony for our new traction motors plant in Hyderabad
The foundation ceremony of our new traction motors plant took place in Hyderabad, India.
Together with our joint venture partner Medha Servo Drives the new plant will be built accordingly to the most up to date requirements of modern motor production and start operations beginning 2013. The joint venture will operate under the name Medha Traction Equipment Ltd.