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Posted By Robin Kumar Attri on 01-May-2025 07:23 AM
Key Highlights:
Indo Farm signs tech deal with Sichuan Hongsheng.
The agreement allows local manufacturing of tower cranes.
Supports the Indian govt’s ‘Make in India’ initiative.
Aims to offer advanced machines at better prices.
Boosts Indo Farm’s role in the construction sector.
Indo Farm Equipment Limited, a leading Indian company in farming and heavy machinery, has entered into a major partnership withSichuan Hongsheng Heavy Machinery Co., Ltd. This Chinese company is known for making advanced construction equipment. The collaboration was made possible with the help of Beida Commercial Trade Company.
Through this agreement, Indo Farm will receive complete access to technical drawings and design documents for Stationary Type Tower Cranes. This means Indo Farm will now manufacture these advanced cranes in India. This step supports the Government of India’s ‘Make in India’ campaign by encouraging local manufacturing and reducing dependence on foreign imports.
Mr. Shubham Khadwalia, Head of Construction Equipment at Indo Farm, shared his thoughts on the development. He said,
“This is a game-changing moment for us. Getting this global-level tower crane technology will make our product range stronger. It will also help Indian construction companies get world-class machines with local support and better prices.”
This partnership shows Indo Farm’s strong focus on innovation and international cooperation. With India’s construction sector growing fast due to real estate development, smart cities, and large-scale infrastructure projects, this deal comes at the right time. Indo Farm is now ready to play a bigger role in shaping India's future by offering world-class construction equipment made locally.
Also Read: CASE India Focuses on Emission-Tech and Export-Ready Growth
The Indo Farm and Sichuan Hongsheng partnership is not just a business deal, it’s a major step towards self-reliant manufacturing and a stronger Indian infrastructure sector. With technology transfer, local production, and better access to advanced machinery, the future looks promising for both Indo Farm and the Indian construction industry.
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