Cargotec announced the official launch of Cargotec Engineering, India in Pune to meet their Global Product Development requirements for Cargotec Corporation. Cargotec Engineering, India has been formed to take advantage of the economic opportunities available to foreign and direct investment in India and to establish a low cost facility that will allow the company in increasing its efforts to expand their global market share.

The initial plan is to start with a 5000 sq. ft. facility in Pune to expand Cargotec’s Product Development capabilities and to become a Center of Excellence in Analysis for Hiab, Kalmar and MacGREGOR, Cargotec’s three business areas. The natural choice was to start the centre in Pune due to its close proximity to Mumbai, highly skilled professionals and state-of-the-art infrastructure available here.

The center will have 60 Mechanical, analysis, software and control engineers. The support will be provided in the fields of Engineering, Analysis, Design, Drafting and Controls development.

The center is located in the heart of the city, in Shukrawar Peth. Cargotec Engineering, India is a division of Cargotec India Pvt Ltd, a 100% subsidiary of Cargotec Corporation, Helsinki, Finland.

Seppo Saarinen, VP Technology Development, Cargotec Corporation, has been working on a number of projects in India for more than 13 years, and is impressed by the quality and skills of the Indian engineering professionals. Mr. Seppo Saarinen, VP – Technology Development, Cargotec