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vmhpl - Voltas MH

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Dear Sir,<br />

Greetings!<br />

V-LIFT APRIL-JUNE 2011<br />

M.R.V. Johnson<br />

Head – Sales & Marketing<br />

<strong>Voltas</strong> Material Handling Private Limited<br />

<strong>Voltas</strong> Limited,Unit III,<br />

Second Pokhran Road,<br />

Thane West, Maharashtra<br />

India 400 601<br />

Phone: +91 22 67920221<br />

Fax: +91 22 67920164<br />

E-Mail: mrv.johnson@voltas-mh.com<br />

Web Page :www.voltas-mh.com<br />

Date: 06th May 2011<br />

You would be aware of the fact that recently, <strong>Voltas</strong> – Material Handling Business Division & KION Group GmbH have decided to<br />

strategically integrate into a new Joint Venture Company in India for the future of the growing Indian Market. This New JV Company will<br />

specifically focus on designing, manufacturing, sales and servicing of <strong>Voltas</strong> Make Counterbalanced Forklifts, Warehousing<br />

Equipments, Material Handling Systems & Solutions. This New JV company has been rechristened as “<strong>Voltas</strong> Material Handling Private<br />

Limited (V<strong>MH</strong>PL)“ and has commenced operations during this week. All required statutory approvals from the Govt. authorities have<br />

been obtained. V<strong>MH</strong>PL has already started manufacturing new machines from Pune Plant, in addition to the existing Manufacturing<br />

Main Plant at Thane.<br />

You also would be aware of the fact that KION Group GmbH, is the holding company of many of the Global reputed brands of<br />

Counterbalanced Forklifts & Warehousing Equipments such as LINDE,STILL,OM, FENWICK & BAOLI. The KION Group is the world's<br />

largest pure player in Material Handling Solutions, with an Annual Turnover of more than Rs.20,000 Crores. The Group has factories in<br />

Europe, Americas & China and their sales and service network extends to more than 100 countries. With its unrivalled know-how and<br />

technological leadership, KION Group sets the benchmark for quality and performance in global arena. The combined strength of <strong>Voltas</strong>'<br />

forty five year old Indian material handling market network & expertise with KION Group's technology back up shall be the ideal<br />

launch pad for this New JV Company to take off.<br />

V<strong>MH</strong>PL will continue to manufacture the existing complete range of Counterbalanced Forklifts & Warehousing Equipments as per Market<br />

requirements. Improvements in the above products shall be made as an ongoing process, which will be market driven, keeping the<br />

customer in focus. Further, V<strong>MH</strong>PL shall also make substantial investments in R&D, Manufacturing, Training, Sales & Service<br />

Distribution network. All the employees and dealers who are currently associated with you for Sales & Service requirements of your<br />

<strong>Voltas</strong> Material Handling Equipments in <strong>Voltas</strong> <strong>MH</strong>BD, shall continue to interact with you and deal now as part of the New JV Company -<br />

V<strong>MH</strong>PL. Needless to say, all contracts and service arrangements currently in force with <strong>Voltas</strong> will continue as before. Each and every<br />

commitment provided by <strong>Voltas</strong> <strong>MH</strong>BD, shall continue to be fulfilled by the new JV Company V<strong>MH</strong>PL. In short, it will be business as usual<br />

for customers without any interruptions.<br />

As a valued customer, you can look forward to exciting experience on <strong>Voltas</strong> Products and its Services, bearing the global inputs from<br />

KION Group on Technology, Supply Chain & After Sales processes. V<strong>MH</strong>PL plans to invest in building an even stronger Sales & Service<br />

Organization of dealers & branches with extensive network to provide better customer support in the shortest response times. We are<br />

confident that the above new arrangement and the New JV Company, V<strong>MH</strong>PL shall be of new value to your current and future core<br />

business, and we look forward to have an even stronger relationship with you. Please do write to us, in case of any further queries. We<br />

would be pleased to provide you any further information, you require.<br />

Yours sincerely,<br />

For <strong>Voltas</strong> Material Handling Private Limited<br />

M.R.V.JOHNSON<br />

3

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