Kalmar has signed Letter of Intent about contract manufacturing of Indital products and plans to close its multi-assembly unit in Bangalore, India

Kalmar, part of Cargotec, continues with its plans to optimise its operational footprint to deliver continuous business results. The company has signed a Letter of Intent (LOI) with ARX Mining and Construction Equipment Private Limited (ARX), according to which ARX would become Kalmar’s contract manufacturing partner in India responsible for the manufacturing and development of Indital branded products. As a consequence, all the activities at Kalmar’s current multi-assembly unit (MAU) in Bangalore, India, would discontinue as of 12 June 2020. The MAU Bangalore has been focusing on the manufacturing of Indital branded container handling equipment for the local market.
Kalmar will continue to have a strong local presence in India through its local sales and service network, focusing on the sales and service of both Kalmar and Indital branded products.
“The competitive situation in India is challenging and it has impacted on production volumes and costs during the past few years. The planned actions would improve Kalmar’s operational efficiency and profitability thanks to a more optimised global supply setup and streamlined product portfolio. Our ambition is to achieve long term sustainable business growth in India through this new contract manufacturing partnership. At the same time it is essential that we continue to serve our customers in India with a dedicated, local sales and service network, who will benefit from more efficient production capabilities,” says Claudio Strobl, SVP Operations, Kalmar Mobile Solutions.
The planned change is expected to result in the reduction of approx. 55 people in India. The exact number of people affected will be estimated later on in the process.
Today, Kalmar employs approximately 150 people in India located in Mumbai, Chennai and Kolkata. In addition, Cargotec’s Navis, Hiab and MacGregor have a strong local presence in India.
Related News.
November 6, 2026
India joins ISF Verify, bringing trusted digital certification within reach of 30 per cent of the global seafarer workforce
Agreement with the world’s second-largest seafarer supply country marks a major milestone for global digital certification. The Directorate General…
November 6, 2026
OpenGate Capital to acquire Maersk Training, the Global Safety Training and Gas-Safety Services Business of Maersk
OpenGate Capital, a global private equity firm, announced today that it has signed a definitive agreement to acquire Maersk Training and its…
November 6, 2026
Can AI Save the Planet? Planet Classroom examines AI’s Climate Impact, Energy Demands and Clean Energy Solutions
C. M. (Cathy) Rubin and The Nest Campus CEO Peter Gilmer explore AI's growing environmental footprint, billions in climate investment, and the…
November 6, 2026
Smart Port Market Size to be valued at USD 23.10 Billion by 2034; Increasing Volume of International Maritime Trade to Boost Market Development: Fortune Business Insights™
The global smart port market size was valued at USD 3.4 billion in 2025 and is expected to be worth USD 4.2 billion in 2026. The market is projected…
November 6, 2026
Closer cooperation with India can strengthen Danish shipping
Minister of Business and Competitiveness Martin Lidegaard is leading a Danish business delegation to India. Green shipping is among the…
November 6, 2026
IRClass Academy and PIP Makassar strengthen Executive Maritime Capability through IMPDP 2026
Indian Register of Shipping , through its professional training and development arm IRClass Academy, has further strengthened its engagement in…
November 6, 2026
MOL, Sharp, IOM Implement Solar Panel Donation Project
Move Will Enhance Living Conditions in Power-short Areas of Kenya Mitsui O.S.K. Lines, announced the donation of solar power panels to communities in…
November 6, 2026
Intermodal Report Week 44 2026
Pls find below the Intermodal Report - Week 44 2026 Intermodal Report Week 44 2026
November 6, 2026
Allied Weekly Market Review Week 44
Pls find below the Allied - Weekly Market Review - Week 44 ALLIED - Weekly Market Report- Week 44
November 6, 2026
Nor-Shipping partners with Marketing in Maritime to deliver Marketing & Communications day and awards in 2027
Nor-Shipping is partnering with Marketing in Maritime to deliver a dedicated Marketing & Communications Day and awards initiative at the 2027…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved























