Siempelkamp associates with Kumar Group
Published on : Monday, July 13, 2020
Since spring 2020, representatives of the Kumar Group have been in contact with experts from the Siempelkamp Group to discuss potential future projects with a main focus on ecology, sustainability, and partnership.
Both sides see future-oriented and promising approaches and, despite the challenges posed by travel restrictions due to COVID-19, were able to develop the joint project into a concrete basis for cooperation.
A first cooperation agreement for a project in India has been signed on July 8, 2020 which both parties will now start with a feasibility study.
Both Kumar and Siempelkamp see considerable potential in the Indian market. The focus will lie on the area of “Green Products” by combining resource-saving production processes with high product quality – exactly what demanding customers expect today.
At the same time, entire regions could benefit from the joint cooperation through significant job creation initiatives for a large number of India’s rural population.
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