S&T Engineers Limited joins hands with with Taiwanese Yeong Chin Machinery Industries
Taiwanese CNC major,Yeong Chin Machinery Industries and S&T Engineers Private Limited recently announced agreement for the creation of a Joint Venture company in India.
Through this partnership, the two companies expect to produce and deliver CNC Vertical Machining Centers and associated services in India.The Joint Venture intend to focus on both the companies’ strengths and reach out to get more market share in the Indian Machine Tool Industry.
Under the agreement, YCM and S&T Engineers will share financial and technological resources with the intent to leverage the best of both companies and provide best-in-class services. D Shanmugasundaram, MD, S&T Engineers and Rick, President of YCM were present during the occasion.
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