ERJ staff report (DS)
Mumbai, India - Trelleborg AB is emphasising its expanding business in India.
President and CEO at Trelleborg, Peter Nilsson, commented: â€œIndia has a vast and growing economy with an average growth of 6-7 percent expected in the next three years in industrial production alone. Therefore the decision to increase our investment into this key area couldn't have been an easier one and we are pleased to announce that all of our facilities are reporting excellent sales; we have seen an 18 percent increase in sales from of M 418 SEK in 2010, to M 493 SEK in 2011.
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Press release from Trelleborg