A cooperation agreement has been established between Valmet and thyssenkrupp Industries India Private Limited, to sell and distribute process automation systems for energy sector and various industrial segments in India and overseas. The collaboration’s primary focus will be on projects billed through thyssenkrupp, and will be effective for eight years in the first phase.
Jul 6, 2023
Valmet and thyssenkrupp Industries India Private Limited have signed a cooperation agreement to sell and distribute process automation systems for the energy sector and various industrial segments in India and other countries. The aim of the agreement is to increase competitiveness of both companies by introducing new and highly effective project delivery concepts. It will enable Valmet and thyssenkrupp Industries India to deliver future-proof control and automation solutions to meet customer demand. This collaboration will primarily focus on projects billed through thyssenkrupp Industries India, and in the 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.
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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. “Through this technology partnership, we aim to deliver long-term customer value through exceptional benefits leading to operational efficiency,” says Mr. Abhay Patil, Director – Energy Division, thyssenkrupp Industries India. Mr. Varun Jain, Director, India Region, Asia Pacific, Valmet commented, “Valmet is aiming at increasing the footprint in the 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.”
