New Refuse Collection Body Centre planned
Hyva, a global leader in loading and unloading hydraulic solutions serving the commercial vehicle and environmental services industries, has announced an investment of Rs. 30 crores per annum in 2019 and 2020, paving the way for Hyva India to further increase production capacity and create a brand-new Refuse Collection Body Centre at its Pune plant.
Established in 1979, Hyva has pursued a successful expansion strategy through organic growth and continuous acquisitions, expanding its global presence to more than 110 countries. By building a broad portfolio of successful products and speeding up the innovation processes, Hyva has consolidated its business penetration in markets across continents and reassured its leadership in several product lines.
“India is a major market for us, not only is it a large sales market but also a core market for the manufacturing operations of Hyva. We have over 40% markets share in front-end tipping solutions and now with India’s focus on construction and infrastructure development, it is one of the fastest growing markets worldwide for tipping solutions”, said Mr. Marco Mazzu, Hyva CEO, on his recent trip to India to celebrate Hvya’s 40th anniversary.
Hyva started its India operations in 1997 and today has four plants across the country – at Navi Mumbai, Jamshedpur, Bangalore and Pune. Hyva India serves a strong portfolio of clients including Tata Motors, Volvo India, Daimler India, Volvo-Eicher, Scania India and Mahindra.
The company’s vast product range makes it a one-stop shop for the truck industry. Currently with about 2,000 employees, Hyva India manufactures products that are of primary interest for the company, such as tipper bodies, waste-handling solutions and tipper hydraulics products. With over 40% market share, Hyva is an undisputed front-end tipping solutions leader both in India and on the global scale. The established leadership is constantly supported by innovative product launches, including the recent ‘Alpha’ hydraulic cylinders series, ‘Propel’ tipper bodies, and new references in the waste-handling and crane businesses.
Positioned to benefit from the nation-wide shift towards mechanized waste collection, Hyva India is also bound to grow in the waste-handling sector, distinctive for its major development pace in the Indian market. The government is also taking a lead to create this awareness by running campaigns like ‘Clean City Mission’ & ‘Smart City Mission’. There is growing demand for efficient solutions for transportation & collection of municipal solid waste, which increases the market potential for static as well as mobile compactors. Together with tipping bodies and hydraulics, waste-handling solutions has contributed to Hyva India’s performance growth, which in terms of sales reached a level of Rs. 8.5 billion (around $125 million) in 2018.