HomeLatestTIL Strengthens Market Position with Snorkel Partnership

TIL Strengthens Market Position with Snorkel Partnership

TIL Limited (TIL) has entered into a partnership with Snorkel Europe. Under the terms of the agreement, TIL will become the official sales and service partner for Snorkel’s extensive product line in northern and eastern India, the Andaman and Nicobar Islands, as well as Nepal and Bhutan. This collaboration marks a significant expansion for TIL, introducing a range of aerial work platforms (AWPs), telehandlers, and material lifts to its existing customer base.

TIL’s established network in these regions will facilitate the distribution and servicing of Snorkel’s high-quality equipment, further enhancing the company’s value proposition. TIL, a renowned player in the engineering solutions sector, has a long-standing reputation for providing innovative solutions across various industries, including material handling, mining, construction, and defense. The addition of Snorkel’s products to TIL’s portfolio will further diversify its offerings and cater to a wider range of customer needs.

The partnership is expected to have a significant impact on TIL’s revenue, with projected contributions of approximately ₹200 crore by FY 2028. This growth potential underscores the strategic value of the collaboration and TIL’s ability to capitalize on the expanding market for aerial work platforms and material handling equipment. The agreement aligns with TIL’s vision of becoming a globally trusted provider of engineering solutions. By partnering with Snorkel, TIL is demonstrating its commitment to offering its customers the latest and most advanced technologies to meet their evolving needs. The partnership between TIL and Snorkel is a win-win for both companies. TIL benefits from the addition of a world-class product line, while Snorkel gains access to TIL’s extensive network and expertise in the Indian market. This collaboration is expected to drive growth and create new opportunities for both companies in the years to come.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

Recent Comments

Mumbai HC Criticises MHADA Over Halting Tardeo Redevelopment Project Rights

Mumbai HC Criticises MHADA Over Halting Tardeo Redevelopment Project Rights

0
The Bombay High Court has intervened to restore redevelopment rights for a residential project in Tardeo, rebuking the Maharashtra Housing and Area Development Authority...
Government Clears 2.88 Lakh Affordable Urban Homes

Government Clears 2.88 Lakh Affordable Urban Homes

0
Central government has approved the construction of 2.88 lakh homes under the Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0), taking the total...
Nexus Select Trust Invests Rs 434 Crore In Dombivli Mall Project

Nexus Select Trust Invests Rs 434 Crore In Dombivli Mall Project

0
Navi Mumbai’s suburban retail landscape is set for expansion as Nexus Select Trust, a Blackstone-sponsored retail REIT, confirmed a 50% acquisition in an under-construction...
Gurugram Leads India in Ten Crore Plus Home Deals

Gurugram Leads India in Ten Crore Plus Home Deals

0
Gurugram has emerged as India’s leading market for luxury residential properties priced at Rs 10 crore and above, overtaking Mumbai in 2025. According to...
Suraj Estate Targets 200 Crore Project In Prabhadevi

Suraj Estate Targets 200 Crore Project In Prabhadevi

0
Mumbai-based Suraj Estate Developers has acquired Hally Pacific Private Limited to develop a high-value real estate project in the city’s Prabhadevi neighbourhood, signalling a...