Friday, October 30, 2020

Spotlight-Palfinger Cranes

Crane Specialist


The India subsidiary of global lifting systems major Palfinger AG has been an outstanding contributor to the India Growth Story.


The Chennai based Palfinger Cranes India Private Limited is a 100 per cent subsidy of Palfinger AG, Austria. Palfinger AG established in 1932, has for many years been among the leading international manufacturers of hydraulic lifting systems in the line of commercial vehicles and ships. As a multinational company group with headquarters in Salzburg, Austria, Palfinger has manufacturing and assembly sites in Europe, in North and South America and Asia as well as over 4,500 sales and service centres located in over 130 countries across five continents.


Innovation, internationalisation and flexibility are the strategic pillars of the company’s corporate strategy. Greater flexibility has enabled Palfinger to market development of any kind through fast adaption of resources and capacities thus ensuring its success even in times of high volatility. In line with this strategy, Palfinger today stands for innovative lifting solutions at the interfaces of the transport chain. Thanks to the commitment of its staff the company’s main guiding principle is to make customers throughout the world more successful with market know-how and technological skills. Palfinger is a technology leader and number one worldwide for loader cranes, EPSILON timber and recycling cranes, container handling systems and cranes in the offshore wind energy industry. Furthermore the company is one of the leading manufacturers of marine and offshore cranes as well as launch and recovery systems. In the highly advanced area of railway applications and bridge inspection units too Palfinger is considered a European technology and market leader. Products such as truck mounted forklifts (worldwide number two), tail lifts, access platforms, truck bodies and pick-up tail lifts complete the product portfolio.


Since June 1999 the company has been listed on the official market of the Vienna Stock Exchange. Since mid-June 2000 the shares of Palfinger AG have also been traded on the OTC market of the Stuttgart, Berlin, Munich, Düsseldorf and Frankfurt stock exchanges.


Palfinger’s 29th manufacturing facility was incorporated in the year 2008 in Chennai. However the products were present in India since year 2000 and supplied directly through Palfinger Asia Pacific and local dealership. The unit started production at its Chennai facility in July 2010 with 100 per cent localised Stiff Boom Cranes and has successfully launched two models in the market. As per the current capacity the facility can produce one stiff boom crane a day. Since then the company is continuously bearing the No 1 flag bearer in the Indian market. Its growth has been leveraged through over five decades of experience in developing, manufacturing and distributing innovative logistics solutions.


With a dedicated manufacturing centre in India complete with R&D, product management and installation specialists providing complete technical solutions to clients, Palfinger is the only global company offering the widest product range which includes light duty telescopic Crane (PC series), Medium and Heavy Duty Knuckle Boom Crane (PK Series), Recycling & Forestry Crane (EPSILON series), Stiff Boom Crane, Access Platforms, Tail Lifts and Bridge Inspection Units.


Palfinger Cranes India Pvt Ltd offers the advantage of a large service team, a dedicated dealership network supported by specialists, readily available product stock with minimum lead time to delivery. These advantages clubbed with high quality product and manufacturing prowess clearly puts the company far ahead of the competition.


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