Valmet and thyssenkrupp Industries India sign a cooperation agreement for process automation

Valmet and thyssenkrupp Industries India Private Ltd. have signed a cooperation agreement to sell and distribute process automation systems for energy sector and various Industrial segments in India and other countries. This collaboration will primarily focus on projects billed through thyssenkrupp Industries India, and in first phase will be effective for a period of eight years. The contract signing ceremony was held on June 26th, 2023 at the Embassy of Finland in New Delhi, India.

The aim of the agreement is to increase competitiveness of both companies by introducing new and highly effective project delivery concept. It will enable Valmet and thyssenkrupp Industries India to deliver a future-proof control and automation solutions to meet customer demand.

This partnership reinforces Valmet's position as the leading automation vendor in India's power sector while also opening up new technology potential in the country.

“We are very happy to offer to our customers a control system that will work seamlessly with our equipment.  We are delighted to be able to offer this in collaboration with Valmet who are a proven technology leader in this field. This is in keeping with our strategy to enhance the automation and digital quotient of the products we bring into the market,” says Vivek Bhatia, Managing Director & CEO, thyssenkrupp Industries India.

“Through this technology partnership, we aim to deliver long-term customer value through exceptional benefits leading to operational efficiency,” says Abhay Patil, Director – Energy Division, thyssenkrupp Industries India.

“thyssenkrupp’s and Valmet’s offerings complement each other, and with this cooperation we will be able to offer unbeatable value for the end customers. This agreement is an important step for Valmet’s Automation Systems to further increase our market share in India,” says Pekko Luumi, Automation Partner Business Director, Energy and Process Systems, Automation Systems business line, Valmet.

“Valmet is aiming at increasing the footprint in energy sector through various technologies and partnerships. The strategic agreement with thyssenkrupp Industries India will strengthen Valmet’s Automation business in India & other countries and help differentiating as compared to traditional players for automation solutions. This is a beginning step and we look forward to further expanding this partnership in other complementing areas,” says Varun Jain, Director, India Region, Asia Pacific, Valmet.

Information about thyssenkrupp Industry India Private Ltd.

thyssenkrupp Industries India Pvt. Ltd. (tkII) in the last 75 years has grown to become one of the most trusted names in the fields of boilers & power plants, sugar plants & machinery, open cast mining & bulk material handling systems, and cement plants & machinery. With strong foundations and access to world-class technology thyssenkrupp Industries India plant-making capabilities are helping the industry become competitive world over. thyssenkrupp Industries India strategic vision as an EPC Contractor to execute turnkey projects is derived from its core strength of integrated engineering expertise and automation in manufacturing backed by an excellent team of project executives. The company firmly believes in delivering total customer satisfaction spanning from concept to commissioning and prompt after-sales service.

thyssenkrupp Industries India highly competent project management capabilities are a result of its tradition of anticipating and fulfilling specific customer requirements. A highly qualified team of engineers and technicians, supported by the most modern IT infrastructure ensures the brand of quality that thyssenkrupp is known for worldwide. The emergence of a true market leader speaks volumes about the world-class technology inherent in the company's products. The company's nationwide branch network along with the support of thyssenkrupp’s global establishments enables it to meet the needs of customers on time.

For further information, please contact:

Pekko Luumi, Automation Partner Business Director, Energy and Process Systems, Automation Systems business line, Valmet, tel. +358 50 469 7699

or

Varun Jain, Director, India Region, Asia Pacific, Valmet, tel. +91 96548 13696