Positive impactCompany
Ammann betting on India as global manufacturing and export hub: CEO Schneider
Mint 2 hrs ago·18 Sept 2026, 12:30 am
Swiss road-equipment manufacturer Ammann is significantly increasing its focus on India. CEO Andreas Schneider revealed plans to transform the company's Gujarat facility from a regional supplier into a major global production and R&D hub. The primary goal is to boost exports from this plant to key markets like Europe, emerging economies, and potentially the United States.
This strategic pivot is a strong vote of confidence in India's manufacturing ecosystem. By shifting production to India, Ammann aims to lower costs and better serve international clients, effectively turning the country into a critical node in its global supply chain rather than just a local market.
Investors should watch for updates on the timeline for these export ramp-ups and any new capacity additions at the Gujarat plant. The success of this expansion will depend on Ammann's ability to secure orders from major international clients and maintain operational efficiency in a competitive global environment.
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- Category: Company.
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