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Gränges bullish on Indian light vehicle market

Fiinews by Fiinews
November 26, 2015
in Projects, Technology
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Stockholm-based Gränges AB says India is its largest market, accounting for about 90% of its Light Weight Heat Exchangers which increases fuel economy and contribute to lower greenhouse gas emissions.

India is one of the fastest growing markets in the world today, when it comes to production of light vehicles, noted Johan Menckel, CEO of Gränges, in his opening speech at the company’s India Technical Seminar held in Chennai on November 25, 2015

“India will continue to be one of our most important growth markets for a foreseeable future. Light Weight Heat Exchangers that increase fuel economy and contribute to lower greenhouse gas emissions are central areas when looking forward,” said Menckel.

“As a market leader, Gränges have an important role when it comes to developing new, advanced materials that allows for reduced environmental impact”, he stressed.

The use of brazed aluminum heat exchangers is increasing thanks to high cost-effectiveness, high recyclability, lighter weight and outstanding energy efficiency relatively other techniques and materials, he pointed out.

Centering on the theme of “Advanced Technologies in Light Weight Heat Exchangers”, the seminar addresses topics such as reducing weight with the use of advanced aluminium materials, development trends, innovative advances in tube forming, brazing and furnace technologies, the production process of aluminum heat exchangers etc.

Approximately 70 of the company’s largest customers and businesses partners in the region attended the seminar.

Gränges is a leading global supplier of rolled products for the brazed aluminium heat exchanger industry. The company’s production facilities are located in Sweden and in China and have a combined annual capacity of 220,000 metric tonnes. fii-news.com.

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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