Dalal Street Investments
Top

Triveni Engineering + GE Joint Venture

October 22, 2007

Triveni Engineering & Industries announced that General Electric Company’s (GE) Oil & Gas business has signed an agreement with the company to enter the fast growing high speed reciprocating (HSR) compressor market in India.

GE’s agreement with the company will consist of an initial term of five years and will involve the import of bare (flange-to-flange) compressors from GE Oil & Gas Oshkosh, Wisconsin, USA facility. The company will do the engineering design, manufacturing and assembly of the package. It will also procure drivers and the rest of the components for packaging in India. The company will be the customer point of contact in India for both selling of the packaged product and the after market sales and service.

Comments

Got something to say?






Bottom